(3) The market competition is full, and the industry concentration is high
At present, there are many manufacturers in China's automobile industry, and the market has formed a pattern of full competition, and the industry concentration is high.
Although China's automobile industry compared to the developed countries of the automobile industry development started late, but the rapid growth of the domestic market, relatively low cost of production factors, attracted the global automobile industry resources to our country, Audi, BMW, Mercedes-Benz as the representative of the high-end brands have established manufacturing bases in our country, China's vehicle industry's technical strength and manufacturing capacity has been rapidly improved. In the future, with the support of China's industrial policy, the upgrading of consumer demand and the continuous increase of residents' income, China's automobile demand will still have a large room for growth in the medium and long term.
Email:wang@kongjiangauto.com