Economic factors

Since 2008, china has survived the economy crisis with years of economic growth at a high rate. Based on the forecast report by Chinese state council development research centre of its economic growth from 2001 to 2020, economic essay代写 environment in china would be continuously steady and promising, which means that vehicle industry would keep its momentum.
Social factors
The Chinese consuming habits of vehicles are in transition. Few people would choose to buy a new car with a full-payment, 澳洲代写especially for generations of 90s or 80s whose desires of purchase is beyond its purchasing power. More and more people have the general concept of owing a car as a social standard of status. Even though the control of birth has taken effect, china still has a large population base of roughly 1.5 billion and people with driving license are increasing with the mature development of transportation. assignment代写The demand of vehicles, particularly economical cars with lower prices for family use is enormous in China.