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【CONTENTS】Nov.30 2019ChinaEconomic Weekly

It is generally believed that the continuous decline of the current market is the result of the macroeconomic factors. It is still difficult to make a clear judgment on when the car market will recover and the trend in the short term.

Cover Story

P14| China's car market: a new survival rule

Recently, according to the data released byChina passenger vehicle market information joint conference, in October 2019,the retail sales of domestic passenger vehicles were 1.84 million, down 5.7%year on year.

This is the 16th consecutive month that China'scar market is in a downward state. The downward watershed is July 2018, whenChina's passenger vehicle sales market saw its first decline in 28 years.

In 2018, the sales volume of passenger vehiclesin China was 23.71 million, down 2.8% year-on-year. In 2019, the decline waseven worse, with a year-on-year drop of 9.7% in the first ten months. However,China is still the world's largest consumer market for passenger vehicles.

It is generally believed that the continuousdecline of the current market is the result of the superposition of marketfactors and macroeconomic factors. It is still difficult to make a clearjudgment on when the car market will recover and the trend in the short term.

But it is certain that after a period ofadjustment, the future of China's automobile market will still have a lot ofroom for growth. The key is how to adjust in the labor pains and find the rightdevelopment path in this process.

"In the United States, the annual salesvolume of passenger vehicles in recent years is about 15 million, but fordifferent markets, this figure can't explain the problem."

China has less than 180 cars per thousandpeople, while the United States has nearly 800 cars, and Japan has about 500cars. "Compared with countries such as the United States and Japan thathave developed automobile industry earlier, our market is far from reaching thelimit." "Now most participants in the industry have realized that itwill be difficult for China's auto market to have continuous high growth in theshort term, and market adjustment will lead to more and more sales volumeapproaching to the top enterprises." In an interview with China EconomicWeekly, Chen Xueqin, Secretary General of Chongqing Automobile BusinessAssociation, said that the new reality will force practitioners to find newsurvival rules.

CEW Editorial

P03| Aging is both a challenge and anopportunity

Special Report

P28| The evacuation of mainland students fromHong Kong

P31| Five airports in Dawan district plan tobuild a "world-class airport group"

P34| Why does Beijing Shanghai high speed railmake so much money?

P40| The second annual meeting of the 2019global ppp50 forum was held in Beijing

Pictures

P44| When 5g this butterfly flutters its wings- 2019 world 5g Conference

Macro&Policy

P48| An interview with Zhang Zhuoyuan, memberof the School Department of the Academy of Social Sciences

Finance&Capital

P50| Hong Kong stock new shares Wang naissance

P56| "Activate" new third board

P58| Why dairy companies become prey of shortselling institutions

P62| Will Dongxu optoelectronics return tostate-owned assets?

P65| "Lantian" was criticized for"fraud"

Industry&Company

P67| The revival of Shenyang Machine Tool

P70| How is Netease game?

P72| Lacala has a tough time

P76| Longyan energy: building power generation

P81| Green journey of 1.3 billion cartons

Region&City

P84| Beijing real estate agency Xiaochen's 2019

P86| Shenzhen cancels the price standard of"luxury tax"

P90| Field visit: strict inspection of TruckOverload in Yangtze River Delta

P92| Jiangxi Yugan meituan, are you hungry

Economy&Law

P96| Wei yincang, a major shareholder, waslisted in the list of "Hongtong"

P98| Behind the "collective" briberyof a dozen new energy vehicle enterprises

Opinions

P100| "Stable currency" should notrefuse to supply base currency

Column

P101| "Blockchain" has three problemsthat cannot be avoided

P105| Implementing competition policy andcoping with complex economic situation

P107| The real existence of "active stockmarket policy"

Reading

P110| Talent is not Huawei's corecompetitiveness. The ability to manage talent effectively is

(编辑:邹松霖 编审:张伟)
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