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China’s automobile industry: development, policies, internationalization

Publication date: 18.11.2015

Gdansk Journal of East Asian Studies, 2015, Issue 8, pp. 163 - 172

https://doi.org/10.4467/23538724GS.15.025.4221

Authors

Agnieszka McCaleb
SGH Warsaw School of Economics
, Poland
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Titles

China’s automobile industry: development, policies, internationalization

Abstract

The automotive industry in China seems to be bound for success taking into consideration huge domestic market and the support provided by the government. The policies introduced by the Chinese authorities show their understanding of the importance of the automotive industry for the growth of the whole economy. We
should expect from Chinese authorities and companies intensified efforts aiming to improve quality and safety of the domestically produced cars as well as increased works towards brand building. The latter is significant barrier to sales domestically where Chinese firms compete with well-established global brands that are favored by Chinese consumers but also in developed markets and higher market segments.

Chinese automobile companies in their internationalization mainly search for technology they lack to become competitive on both domestic and international markets. The analysis of their website shows their dedication to research and development, for example Great Wall states “we have kept to a strategy of “excessive investment in technical R&D”. Majority of companies engage in development of new energy cars which seems to be primarily result of the government’s policy on fostering emerging industries.

Although Chinese automakers face many challenges but we should prepare ourselves that in the near future we will be driving Chinese cars.

Information

Information: Gdansk Journal of East Asian Studies, 2015, Issue 8, pp. 163 - 172

Article type: Original article

Titles:

English:

China’s automobile industry: development, policies, internationalization

Polish:

Chiński przemysł motoryzacyjny – rozwój, polityki, internacjonalizacja

Authors

SGH Warsaw School of Economics
Poland

Published at: 18.11.2015

Article status: Open

Licence: None

Percentage share of authors:

Agnieszka McCaleb (Author) - 100%

Article corrections:

-

Publication languages:

English