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AUTOMOBILE MARKET IN CHINA China automobile market size exceeded RMB 1,500 billion in 2009, a growth of more than 30% on a year-on-year basis, according to Zeefer Consulting's research report - China Automobile Market Report. In terms of market position of foreign enterprises in China, in 2009, there were more than 90 foreign enterprises above designated size engaged in the automobile industry, accounting for more than 20% of all automobile enterprises above designated size across China. All foreign automobile enterprises achieved a profit of more than RMB 70 billion in all, accounting for more than 65% of the total profit in this industry. In terms of the industry size, in 2009, enterprises above designated size inside the automobile industry achieved a sales revenue of more than RMB 1,000 billion in all. They produced a total of more than 12,625,000 units of automobile, a rise of more than 40% in total production on a year-on-year basis. In the automobile industry, more than 350 enterprises were above designated size, an increase of more than 15% on a year-on-year basis. On an annual average, employees in automobile industry were more than 705,000, almost same when compared with that in the previous year. In terms of industry profit, in 2009, enterprises above designated size in automobile industry across China achieved a profit of more than RMB 100 billion in all, a growth of more than 70% on a year-on-year basis. In 2009, 100 enterprises in this industry suffered a loss. the percentage of loss-incurring enterprises was higher than 25%. The industry average of the rate of return on assets was higher than 9%, and the rate of return on
Beijing Zeefer Consulting Ltd.
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