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China’s Car Component Industry to Outpace “Whole Car” Industry in 2011
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2010-12-10
According to a report in China, the production and sale of domestically manufactured cars in China in the first 11 months of 2010 has been over 16 million units and is expected to be over 18 million at the year end, making it become the largest car manufacturing country and new car sales market in the world. Experts in the industry thus expects that the development of car component industry in 2011 will outpace the “whole car” industry.