China Automotive Market 2006

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China has become the second largest auto consumption market in the world in 2006, with China automobile sales volume reaching seven million1 units. China’s auto industry experienced steady growth in the past year and the import volume accounted for 3% of the total China market.2 According to 2006 customs statistics, from January to October, China imported 181,000 autos, an increase of 41% over the same period in 2005.

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