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Foreign investend auto part enterprises have accounted over 500 in China!

Since 2000, the demand in China's auto ari bag market has been increasing at an average speed of more than 200% every year. By 2004 the total market scale had reached nearly 4 million sets. Currently, there are nearly 20 Chinese domestic enterprises are producing air bag with a total output more than two million sets.

In April 2006, car models like Xiali, Geely, Lubao, KIA Qianlima, Sedan, Palio, Santana, Excelle, Cerato, Santana 3000, EPIC, Sonata, Accord, Mondeo, Mazda, Regal and Bluebird, saw their prices greatly decline compared with that of March, while the prices of large-emission car models like Reiz, Crown, Audi, BMW and Benz increased sharply due to the adjustment of consumption tax.

Technological improvements in past years have made China-produced lower emission family saloons safer, sturdier and more theft-resistant, as well as cheaper. Sales of low-emission cars in Beijing have noticeably risen since April 1,2006. Hao Dianying, deputy general manager of North Market, Beijing's largest auto dealer, attributes this phenomenon to all-time high oil prices.

Young adults are becoming a major influence on auto consumption in China. This might explain the huge success, reminiscent of that of its British cousin the Austin Mini half a century ago, of the slightly squat QQ mini in its appealing range of colors.