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Analysis of China's car ownership

Date: Aug 12, 2019

  From 2009 to 2015, China's automobile production and sales grew rapidly. In 2015, car sales were close to 25 million (Figure 21). Correspondingly, China's car ownership continued to grow, from 57 million in 2007 to 172 million in 2015, less than quadrupling, with a compound annual growth rate of about 14.8% (Figure 2-2). At this rate, it is estimated that China's car ownership will exceed 200 million in 2020. Base on this ,more and more driver to do wash his car .car steam wash machine is a good job recently years.

Analysis of China

  (1) The number of car ownership reached 194 million, and the new registration volume and annual increment reached the highest level in history. Car ownership has maintained a rapid growth trend. In 2016, the number of newly registered cars reached 27.52 million, and the net increase of possession was 22.12 million, which is the highest level in history. The ratio of cars to motor vehicles continues to increase, and the proportion in the past five years has increased from 50.39% to 65.97%.

  (2) The number of cars in 18 cities exceeds 2 million. There are 49 cities in the country with more than one million cars, 18 cities with over 2 million cars and 6 cities with over 3 million cars. Among them, 18 cities with more than 2 million vehicles are Beijing, Chengdu, Chongqing, Shanghai, Shenzhen, Suzhou, Tianjin, Zhengzhou, Xi'an, Hangzhou, Wuhan, Guangzhou, Shijiazhuang, Dongguan, Nanjing, Qingdao, Ningbo, and Foshan.

Analysis of China

  The total number of private cars reached 146 million, with 36 vehicles per 100 households. In 2016, there were 160 million small passenger cars, of which 146 million were small passenger cars (private cars) in their own name.

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