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Chen Lantong, executive vice chairman and chairman of the China Entrepreneurs Association, said at the "2004 Top 500 Chinese Enterprises Press Conference and Summit Forum" held in Chongqing recently that: China FAW Group Corporation, Shanghai Automotive Industry Corporation (Group) Corporation and Dongfeng Motor For the first time, the company's three manufacturing companies have reached the world's top 500 corporate standards. This is an epoch-making landmark event in the development of Chinese companies.
It is reported that China FAW Group Corporation, Shanghai Automotive Industry Corporation (Group) Corporation, and Dongfeng Motor Corporation ranked among the top 500 Chinese companies in terms of their operating income of 11,917.884 million yuan, 97,2,694,400,000 yuan, and 9,003 million yuan respectively. 16th and 18th place, according to the rules of the sales revenue of the world's top 500 companies, all three companies meet the criteria for entering the top 500. In the top 100 rankings of China's Top 500 Enterprises, Beijing Automotive Industry Holding Co., Ltd. and Guangzhou Automobile Industry Group Co., Ltd., which are in the second camp of the automotive industry, ranked 48th and 50th respectively with an operating income of 31,585.83 million yuan and 31,045,550,000 yuan. .
A person from the Ministry of Commerce pointed out that China’s auto sales have increased by more than 50% for three consecutive years. Although this year's growth rate has fallen from last year, it still grows. From January to June this year, according to the statistics of circulation, sales increased by 45%, which is still relatively high. With more cars entering the home, as well as the development of China's industry and transportation industry, the Chinese automobile industry can still maintain a higher growth rate than other industrial industries in the next few years. According to predictions from related research departments, before 2008, the double-digit growth rate of China's auto industry demand is no problem.