my country's consumer retail is expected to exceed 15 trillion in 2010

by:Ennas      2021-11-17

The Chinese Academy of Social Sciences released the 'Business Blue Book' today. The Blue Book predicts that the growth of total social consumption in 2010 will maintain a relatively optimistic growth of about 20%, which will exceed 15 trillion yuan. From 2003 to 2008, the leap from 5 trillion to 10 trillion yuan was completed, and this time it only took 2 years to surpass the 15 trillion yuan mark.   The Blue Book pointed out that in terms of total sales, the automobile industry has become a pillar industry in my country, and automobile consumption has also become a major aspect of my country's consumption. In 2009, China's auto market achieved a miracle of 13.6 million sales. In 2010, it will achieve another brilliance, breaking through the 15 million mark.  From the analysis of consumer behavior, consumers are becoming more rational. With the continuous rise of oil prices and the implementation of fuel tax, automobile consumers pay more and more attention to the fuel consumption of vehicles, and fuel economy has become the primary factor that consumers pay attention to.   From the perspective of regional consumption, in 2009, more than 70% of the increase in sales of automobiles in my country was contributed by consumers in small and medium-sized cities. Even if the number of vehicles per 1,000 people in my country reached 25 in 2009, the number of vehicles per 1,000 people in a large number of medium-sized cities in the western region is less than 5, and the number of vehicles per 1,000 people in a large number of tertiary markets is only 5 to 8. With the development of globalization, we have reason to believe that automobile consumption in small and medium-sized cities will become the main market for my country's automobile consumption growth for a long time in the future. From the perspective of government orientation, the 'Auto Industry Revitalization Plan' launched in 2009 proposed to 'accelerate the development of consumer credit, support key automobile manufacturers to accelerate the establishment of auto finance companies, and carry out automobile consumer credit and other businesses'; at the end of 2009, the People's Bank of China and other departments In the “Guiding Opinions on Further Doing a Good Job in Financial Services, Supporting the Adjustment and Revitalization of Key Industries and Restraining Overcapacity in Some Industries”, it is again proposed to support and promote qualified domestic backbone automobile manufacturers and new energy automobile manufacturers to establish auto finance companies . It is foreseeable that in 2010, the relevant policies of the auto industry finance will be gradually introduced, including auto consumer credit, auto financing leasing, and auto purchase savings. Source: People's Daily Online
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