资源描述:
《中国日趋增长的汽车市场-外文翻译》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、外文翻译原文Title:TheRisingChineseCarMarketSource:springer.lib.tsinghua.edu.cnAuther:ARothacher1.0IntroductionAskedwhichautomakerwillwinChina,morethanoneanalystoraccountantsayssimply,"Chinawillwin."Yes,theworld'sfastest-growingautomarkettantalizesautomakerswithitspotentialforgrowthandprofits.Americanau
2、tomakersseeChinaasagrowthmarketthatcouldhelpmakeupforfallingprofitsathome.Theyaren'talone.JapaneseandEuropeancarmakersalsohavehighhopesforChina.Volkswagen(otc:VLKAY-news-people),Europe'slargestcarcompany,nowsellsmorecarsinChinathanitdoesinitshomemarketofGermany.Buttherealbeneficiaryoftheautomotiv
3、einvestmentwillbeChinaitself,whichisbuildingitsowncarbusinesswiththehelpofforeigninvestors,who,accordingtoalawstipulatingthatanindividualforeigninvestormaynotownmorethan50%ofaChinesemanufacturer,mustpartnerwithChinesecompaniestoenterthemarket.Thankstoadvantageouslawslikethisoneandthefinancialandr
4、egulatorybackingofthegovernment,aswellasChina'sgrowingeconomy,lowlaborcostsandenormouspopulation,theChineseautomotivelandscapecouldultimatelyresemblethatofJapanorSouthKorea:developedwiththehelpoftheWest,withWesterninvestorsgraduallyreducedtominorplayers.Todaytherearemorethanadozenstate-runautomak
5、ersinChina.Still,eveniftheyhavenotbeenabletosetupstandaloneshopsthere,foreignautomakerssalivateoverthepotentialinChina--eveniftheChineseeconomyisstillinmanywaysunderdeveloped.GeneralMotors(nyse:GM-news-people)estimatesthat74millionChinesefamilies(about20%ofthepopulation)canaffordtobuycars,evenifp
6、er-capitaannualincomeinChinaisonly$930inthecitiesand$299inthecountry.This20%ofthepopulationthatcanbuycarsholdsabout80%ofthesavingsdepositsinChina.CarsarenotmoreaffordableinChina,butthe5Chinesearegreatsavers,andcredithasbecomeeasilyavailableinthelastcoupleofyears.TheautobusinessisgrowinginChinaata
7、considerablyhigherratethantheGDPthere.AccordingtotheChinaAssociationofAutomobileManufacturers,productionforthefirsteightmonthsof2003hasbeen2,781,800units,up36%fromthesameeightmonthsin2002.Forpassengercarsalone,outputac