Chance and Challenge of China's Entry into WTO on the Auto Industry

1. Outline of China Auto In-dustry China auto industry com-menced in the early 1950s, but slow in progress during the period between 1950s and 1980s. Its gross output of vehicles in 1991 was up to 710,000 units, and thereafter the output has been increased more rapidly. In 1992, 1,060,000 vehi-cles were produced, which was the first time to exceed one million. In 1998 the output was 1,638,000 u-