The Growing Demand For Sophisticated Products Will Probably Play To Our Strengths

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In the first half of the 1980s, many US products were not only inferior to but pricier than those offered by other nations. These days, the United States has recovered from years of decline and become the world's low-cost provider of many sophisticated products and services, from plastics to computer software.( http://www.bestthomasabo.com)

Growing Demand for Cars,With the rapid development of China's economy, the living standards of the Chinese people have improved greatly in recent years. A growing number of high-income families will be able to afford to buy cars.

In 1993, China's per-capita GNP reached 2,600 Yuan. 6) As far as the country as a whole is concerned, when considered in terms of estimated growth rate in GNP for the coming years, private cars will not be commonplace in Chinese families by the year 2000. However, economic development and family incomes vary between different regions. 7) So it is highly possible that a large number of families living in certain well-developed areas with a population of about 300 million will have cars by 2010.

A survey covering 10,000 families with annual incomes ...
... of more than 20,000 Yuan has been carried out recently in 14 provinces and municipalities. The analysis has shown that by 2000 between 4 - 4. 7 million Chinese families will be able to afford to buy cars, and the number will rise to 15. 5 -16, 5 million by 2005, and further to 37. 5 -40, 5 million by 2010.

8) The market for pubic-use and business cars will continue to develop greatly. Before 2000, public-use cars will continue to be the focus of development. 9) However, after 2000, the social demand for public-use cars will fall along with the increasing demand for private cars. In addition, as more families will be able to afford taxis, a large number of taxis will be required.In line with various estimates and comparisons with other countries, China's total demand for cars by 2000 will come to 1. 3 -1:6 million and further rise to 3, 5 -4. 4 million by 2010.( http://www.topthomassabo.com)

According to the most recent estimates, by 2010, every 100 families in China will have four cars. 10) The country' s annual output of cars will reach 3. 5 million, and the total number of cars in use will rise to 22 million, with some two-thirds for private use. The annual output value of the industry will rise to 420 billion yuan and the annual income will reach 80 billion yuan. At the same time, the industry and related enterprises will offer job op?portunities for more than 15 million people. In addition, after 2010, a greater number of Chinese families will have cars.