An analysis of auto production and marketing in China in 1998

In 1998, China encountered difficulties in economy which had seldom occurred since the reform and open-ing-up. The national economy increased by 7.8% in GDP, a decline of 1% over 1997. Under such a eco-nomical circumstance, China auto industry witnessed characteristics differing from those of previous years which are described as below: 1. Production and sales growth from moderate to