We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Chinas Economic Boom: Automobile Industry - Essay Example

Comments (0)
Summary
This paper talks about economic reasons behind the recent boom in the automotive industry of China. It is argued in the essay that Chinese automobile industry boom was the result of the implementation of the socialist market regulation by government…
Download full paper
GRAB THE BEST PAPER
Chinas Economic Boom: Automobile Industry
Read TextPreview

Extract of sample
Chinas Economic Boom: Automobile Industry

Download file to see previous pages... This essay offers a comprehensive review of the rapid development of the Chinese automotive industry and the forces that stipulated that growth.
The institutional ambience of China has been changing steadily from command economy to managed market economy. Earlier the auto industry of China was completely under the direct supervision of the command economy. The country experienced command economy prior to 1978 and stern government control over auto industry in the early 1980s. From the mid 1980s China began experiencing institutional reforms when the economic decision making powers were not just restricted to central government. The decentralization of planning power led to competitions among the provinces.
The enlarged inflow of FDI (Foreign Direct Investment) from various MNCs (Multinational Companies) contributed immensely to the spatial transformations of Chinese auto industries.
There occurred a rapid increase in the demand of light vehicles and cars. Due to the excess demand over supply of motor vehicles the industry experienced diseconomies of scale. Low technical know-how along with less variety of models and low production capacity existed in industry.
Previously majority of China’s auto industry’s production used to be chiefly goods vehicles like trucks and vans. Early 1980s marked the boost in manufacture of light cars and heavy trucks. The number of imported cars in the country was far ahead of the domestic cars. Realizing this huge domestic demand for cars the Chinese government decided to expand car production ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
US Automobile Industry Analysis
US Automobile Industry Analysis This report analyzes the automobile industry in general, and considers a specific case of Honda Motor Company. The automobile industry, according to a 2007 census, consists of 174 companies, which employ 64,436 people (US Census Bureau, 1).
3 Pages(750 words)Essay
Better Place Automobile Industry
The move of Better Place was considered to develop environmentally friendly engines and the use of the renewable energy sources. Developing such technologies required well-coordinated stakeholders including the developers, consumers, and efficient management.
8 Pages(2000 words)Essay
Automobile Industry in China
In the end, the entry of China into the WTO was considered a positive thing by most, although there are certainly those with contradictory opinions. The efficacious qualities that China gained by entry into the WTO; an aid to the economy, and the opening up of China's markets for more international trade and investment (to name a few).
19 Pages(4750 words)Essay
Automobile Industry
"Germans, Gottlieb Diamler and Karl Benz (MsnEncarta, 2007) in 1885, were the first one to introduce a true automobile when they attached a motor to the automobile and this was recognized as the earliest shape of today's modern cars. Then there started a series of advancement in the industry with several design and specification variations were offered to customers.
9 Pages(2250 words)Research Paper
Automobile Industry Essay
Toyota's Prius hybrid car gained immense popularity. Toyota has planned to produce 48,000 hybrid Camrys yearly. The demand for Toyota's Lexus RX400h hybrid crossover is also gaining momentum. Many companies are trying their expertise in making a mark in the emerging hybrid car market in the coming years.
14 Pages(3500 words)Essay
Chinas Economic Condition
However, when we contrast their GDP against their population, China's GDP per capita is at the same level of a developing country (Culture Grams, 2008). Therefore, in relation to market efficiency, it is evident that the condition of China's economy is not as grand as reports may lead us to believe.
2 Pages(500 words)Essay
Chinas Economic Growth
This paper focuses on three of these problems including environmental degradation, income inequalities and unemployment. It then discuses their causes, impacts and the difficulties experienced in overcoming them. The conclusion section summarizes the main issues presented in the paper and makes inferences where appropriate.
11 Pages(2750 words)Essay
Rding Lolit in Thrn
Rding Lolit in Thrn provids stirring tstmnt to th powr of Wstrn litrtur to cultivt dmocrtic chng nd opn-minddnss. And in my essay I would like to narrate why she moved to write these memoirs. First of all, it is because Nfisi's uniqu prspctiv on hr studnts' plight, th ongoing struggl of Irnin citizns, nd hr country's violnt trnsformtion into n Islmic stt intrstd her so much in currnt intrntionl vnts.
5 Pages(1250 words)Book Report/Review
Chinas automobile industry Chapter 1 and 3
Considering the success of China’s automobile industry, this report will focus on identifying, analysing, and concluding whether or not the
4 Pages(1000 words)Essay
Process/nature of science related Serengeti animal or climate that you think the general public might not realized
Thus, before an information is considered to be scientific it must have passed through the steps and stages of confirmation to the extent that they are believable and credible. Serengeti as a national park presents the world with a space or a
1 Pages(250 words)Essay
Let us find you another Essay on topic Chinas Economic Boom: Automobile Industry for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us