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Write a short composition of about 250 to 300 words on the topic given below: Topic: China’s Auto Industry
Write a short composition of about 250 to 300 words on the topic given below: Topic: China’s Auto Industry
admin
2020-03-30
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问题
Write a short composition of about 250 to 300 words on the topic given below:
Topic: China’s Auto Industry
选项
答案
China’s Auto Industry As one of the pillar industries, auto industry has been influencing the whole national economy. Since the reform and opening up, China’s auto industry, oriented towards the market, has made long-stride progress. China established its auto industrial system in the period of planned economy, mainly for the production of cargo vehicles. In recent years, in order to stimulate people’s consumption, spur the market and enlarge domestic demands, our country has impelled the development of auto industry as one of the two pillar industries. Chinese auto industry has unfolded such features as great domestic market potentials, high degree of inter-relations with other industries and strong capability of fund accumulations. With quick development of national economy and further reform of economic system toward market economy, there are some disadvantages as well, such as the trend of duplicated construction and blind launch of new projects. However, with merger and acquisition in auto industry gaining momentum, the deficiency has been curbed. Because the structure of auto consumption market has changed significantly, and private purchase has increased, the focus of competition among auto manufacturers is being shifted to product grade, function, performance and quality. It is undoubted that China’s auto industry is playing a more and more important role in the whole national economy. Although the prospect is bright, we have to bear in mind that there is a long way to go compared with the world’s advanced level.
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