Abstract
China is currently the second automobile producing nation in the world, after Japan. It overtook the United States in 2008 as total car production reached 9.3 million units. Between 2000 and 2008, the passenger car sector in China expanded at a striking annual growth rate of 21.1 per cent. This phenomenal growth was undoubtedly linked to the constant economic development in China since the ‘opening-up’ policy implemented in the late 1970s. China’s average annual GDP growth rate between 1978 and 2008 was 15.3 per cent.
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© 2009 Hua Wang
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Wang, H. (2009). Made in China: Joint Ventures and Domestic Newcomers. In: Freyssenet, M. (eds) The Second Automobile Revolution. Palgrave Macmillan, London. https://doi.org/10.1057/9780230236912_20
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DOI: https://doi.org/10.1057/9780230236912_20
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30523-0
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