Improve Market Environment for Promoting Rapid, Sustainable and Healthy Developmentof China Auto IndustryHu Xinmin, President of China Association of Automotive Manufacturers (CAAM)

During the 8th Five-Year Plan period, an average annual growth rate of 24% was achieved by China auto industry, which is in line with that of the gross industrial output val-ue all over China, and is higher than that of the GNP. It can be said that the auto industry ex-perienced a high speed increase in this period, but from the last two years of this period to now, an obvious slowdown in terms of growth