国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

China's automakers reject 'excess capacity' warning

(Xinhua)
Updated: 2010-09-06 11:52
Large Medium Small

TIANJIN - Executives from China's automakers Sunday rejected an official warning that unchecked growth in the industry was leading to excess capacity and could harm the wider economy.

China's automakers reject 'excess capacity' warning

A traffic jam on the North Second Ring Road in Beijing Nov 26, 2009. [file/China Daily]

Chen Bin, an official with the National Development and Reform Commission, China's top economic planner, Saturday said excess auto capacity threatened sustainable economic development and must be "resolutely" stopped.

But industry representatives and the China Association of Automobile Manufacturers (CAAM) Sunday argued car makers were only trying to meet expected demand in the world's largest auto market.

Dongfeng Automobile, a major Chinese auto manufacturer, had been running in top gear since last year, said Fan Zhong, a senior manager. "Our problem is not having enough capacity."

Most entrepreneurs at the International Forum on Chinese Automobile Industry Development in Tianjin had similar views.

Ford China was focusing on expanding capacity as demand kept rising, said CEO Robert Graziano.

The overall capacity of China's auto industry might seem excessive, but the market had huge potential for restructuring and growth, said Hu Xinmin, honorary chairman of the CAAM.

China overtook the United States to become the world's largest auto maker and auto market in 2009, with output and sales respectively hitting 13.79 million and 13.64 million units last year.

China's auto industry had been manufacturing at 120 percent of its capacity, and most manufacturers were operating more than 20 hours a day, said Xu Changming, head of information resource development at the State Information Center.

Related readings:
China's automakers reject 'excess capacity' warning Beijing to have 4.5 million vehicles this week
China's automakers reject 'excess capacity' warning Unchecked auto industry growth could harm economy: official
China's automakers reject 'excess capacity' warning China's automakers say no 'excess capacity'
China's automakers reject 'excess capacity' warning GM China's auto sales up 19.2% in August
China's automakers reject 'excess capacity' warning Auto dealers trick with subsidy policy

The sales was expected to grow by more than 15 percent annually in the next few years, Xu said. "There is no need to worry about excessive output."

However, Chen Bin warned that local governments had been making "blind" efforts to open new factories and expand capacity, as they were encouraged by the industry's healthy profits and economic benefits.

Twenty-seven of the Chinese mainland's 31 provinces, autonomous regions and municipalities have plants that are able to produce finished vehicles.

With the extension of the national auto replacement subsidy to the end of this year, domestic output and sales both exceeded 10 million units in the first seven months, according to data released by the Ministry of Industry and Information Technology last month.

双鸭山市| 大英县| 吴忠市| 绥德县| 南充市| 绍兴县| 宁强县| 来安县| 宜兰市| 庆云县| 阿瓦提县| 英山县| 肇东市| 乐至县| 嘉荫县| 金堂县| 扶余县| 岳阳县| 深水埗区| 罗源县| 黔江区| 安平县| 大冶市| 巴青县| 达尔| 林甸县| 南乐县| 澄江县| 湟中县| 长子县| 江西省| 淮滨县| 丽江市| 洛川县| 中西区| 宁国市| 驻马店市| 北流市| 壤塘县| 梁河县| 水富县|