Dongfeng Automobile

TIANJIN - Executives from China's auto makers Sunday rejected an official warning that unchecked growth in the industry was leading to excess capacity and could harm the wider economy.
The overall capacity of China's auto industry might seem excessive, but the market had huge potential for restructuring and growth,christian louboutin pas cher, said Hu Xinmin, honorary chairman of the CAAM.
Dongfeng Automobile,Abercrombie and Fitch paris, a major Chinese auto manufacturer, had been running in top gear since last year,louboutin pas cher, said Fan Zhong, a senior manager. "Our problem is not having enough capacity."
China's auto industry had been manufacturing at 120 percent of its capacity,christian louboutin pas cher, and most manufacturers were operating more than 20 hours a day,louboutin pas cher, said Xu Changming, head of information resource development at the State Information Center.
Twenty-seven of the Chinese mainland's 31 provinces, autonomous regions and municipalities have plants that are able to produce finished vehicles.
However,Louboutin chaussure pas cher, 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.
Ford China was focusing on expanding capacity as demand kept rising, said CEO Robert Graziano.
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.
Most entrepreneurs at the International Forum on Chinese Automobile Industry Development in Tianjin had similar views.
With the extension of the national auto replacement subsidy to the end of this year,louboutin, 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.
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.
The sales was expected to grow by more than 15 percent annually in the next few years,Louboutin chaussure, Xu said. "There is no need to worry about excessive output."
相关的主题文章：


» Lenovo will also adjust its product structure

相关公司股票走势农产品 　　全景网6月3日讯 国内大宗商品市场周五午盘多数上涨

How To Write Cover Letters That Work