Liu Shijin, head of the Industrial Economics Research Department of the Development Research Center of the State Council, said at the 2004 China Automotive and Parts Industry Development Forum held here that the growth of China’s auto industry has become a crucial factor that affects the overall growth of the national economy.
Liu Shijin said that the continued growth of the new leading industries is the main driving force for China’s macroeconomic development. In 2003, China’s GDP growth reached 9.1%. Under the impact of the SARS epidemic, it was a phase. In 2003, China produced a total of 4,443,700 vehicles, which was a year-on-year increase of 35.2%. The cumulative sales of automobiles were 439.08 million, an increase of 34.21% year-on-year. The automobile industry has become the leading industry of the national economy.
Liu Shijin said that taking the automobile manufacturing industry as the guide and according to the relationship between input and output, China has formed a composite material industry, a tire manufacturing industry, and steel and iron and steel industry industries such as sheet steel and steel belts. Growth industry group.
Liu Shijin said that the establishment of the automobile industry’s leading position in economic growth will provide a basic platform for China’s economy to maintain a growth rate of about 8% for a long time to come. According to international experience that can be learned from, after a large country enters the mass consumption phase of the automobile, the automobile industry will maintain rapid growth for 20-30 years.
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