According to European media Inautonews on October 20th, Wang Xia, president of the China International Trade Promotion Council's automotive industry branch, said that China's rapidly developing and highly competitive automotive industry should create at least three automakers that are competitive in the global market. Our main products are Cosmetics Stand Rack, Fragrance Counter Display, Skincare Bar,Beauty Bar,Skincare Bay,Makeup Display Shelving and all kinds of Floor Display and fixtures. We have implemented a strict and complete quality control system involved in all producing procedures, ensuring the products can meet quality requirements of customers. To learn more about what we can do for you, contact us at any time. Will provide you with our sincere service. Looking forward to establishing good and long-term business relationships with you for mutual benefits. Cosmetics Stand Rack,Lipstick Display Stand,Acrylic Display Rack,Cosmetic Display Stand Rack Dongguan Golden Memory Display Products Co., Ltd. , https://www.dggmdisplays.com
Wang Xia said that the rapid development of foreign auto brands has suppressed Chinese domestic automakers and seized the domestic market share. Two years ago, Chinese auto brands accounted for 46% of the world's largest auto market, and now 10% of foreign auto brands dominated by European manufacturers GM and Ford.
Wang Xia said during the Wuhan Global Automotive Forum in China that China's auto industry plays a role of “support and protection†for China and the global economy. With the continued expansion of the domestic automotive industry, there will be three local car companies expanding and becoming the world's leading car manufacturers.
American investor Jack who has worked in the Chinese automotive industry for 20 years? Jack Perkowski agreed. He pointed out that at least Geely and Great Wall two car companies have the most advantage to become the world's strong. Although they will take several years to enter the European and North American markets, they will soon begin to explore emerging markets.