China Automobile Association: China's auto sales will reach 17 million in 2010

The latest statistics show that in the first 8 months of this year, China’s domestic automobile sales reached nearly 12 million vehicles, an increase of over 39% year-on-year. China Association of Automobile Manufacturers predicts that China's auto sales will reach 17 million this year. This means that the sales volume of new cars in China will reach the highest level in U.S. history.

This unusual growth rate has caused concern from all walks of life. At the same time, the economic and social problems caused by the rapid growth of motor vehicles have become increasingly prominent. Data show that in 2009 China's total sales of 13.64 million vehicles, an increase of 46.15%, has become the world's largest new car market.

At the just-concluded Global Automotive Forum, the Fed economist Edward Polis Goth predicted that by 2020, China’s auto production and sales will exceed 40 million vehicles and by 2030 it will reach 75 million vehicles. By 2040, China will also Continue to increase car ownership.

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5 million motor vehicles in Beijing in 5 years

Guo Jifu, director of the Beijing Municipal Transport Development Research Center, said that Beijing has an average daily increase of 1900 vehicles. According to this rate, the number of motor vehicles in Beijing in 2015 will reach 7 million vehicles. According to the plan, even if the road infrastructure in Beijing reaches the most perfect state, it can only accommodate 6.7 million motor vehicles. According to the current trend, the average speed of Beijing's roads will be 15 kilometers per hour, which is equivalent to the average person's jogging speed.

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