Development Trend of China Auto Industry in the New Century Chinese auto industuy has entered into a development stage of high growth.

It was the 50th anniversary of the establishment of Chinese auto in dustry in 2003. In the past 50 years, Chinese auto industry developed from nothing, then expanded from small to big, and now it is growing from big to strong. In the 1980s when China implemented the reform and opening-up policy, Chinese auto industry got a rapid development; it has set up several key attto companies such as FAW Corp., Dong Feng Auto Group, Shanghai Auto Group, etc., manly important auto spare-parts enterprises and several motorcycle manufacturing enterprises of world scale. The amual automobile output in China stands at the fourth