China's Auto Industry: Develop Through The Wind And Rain

　　

　　In January 1984, the first Sino-foreign joint venture of the Chinese automobile -- Beijing Jeep Corporation, Ltd., which went through the revitalization and decline of the reform in China's auto industry in the 19 years following this, was set up. Then China's automobile industry entered the first round of pooling foreign capital.

　　From the late 1970s to the early 1990s, marking the second development period, China's auto industry grew steadily. A group of local manufacturers of light-and heavy-duty trucks emerged, and manufacture bases took shape including: FAW, the Second Automobile Works, China Heavy-Duty, South Auto, and others in Beijing, Tianjin, Shanghai, and Shenyang (Northeast China).

The year 1994 was a memorable one in China's automobile history, especially in its car history. In this year, the "Automobile Industry Developing Policy" was published. It keenly showed the Chinese Government's persistent efforts in establishing a more transparent environment of policies and laws to propel the healthy development of this trade. Also, this was the first time for the government to relate "automobile" to "family".

　　From 1994 to 1995, the total output of national automobile increased by100,000; among them, the car increased by 85,000.

　　In the early period of the planned economy, the Chinese auto industry mainly produced cargo vehicles, in order to meet the economic, national defense, and government of the time. So for a long time, China's car industry did not have a "macroclimate."

　　But since 1994, the enthusiasm caused by the concept of the family automobile spread to the whole country. The structure of the auto consumption market arose at the historic moment, and since then, private purchase has increased rapidly.