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Top 10 profitable industries in China (2)

(China.org.cn)    13:48, July 19, 2016

  Automobile

Automobile, one of the 'Top 10 profitable industries in China' by China.org.cn

  Automobile [sh.zyue.com]

The net profit rate of automobiles in developed countries is almost fixed. The retail price of a car with a manufacturing cost of about $8,000 may not be higher than $10,000. Yet, it can be priced $11,000 in the Chinese market. The cost of producing constantly drops along with the rise of production efficiency. But the retail price of automobiles in China always stays high.


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(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Huang Jin,Bianji)

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