Consumer China
China's car market - Plenty of zip left
- Published 02 Dec 2010
Our proprietary online survey reveals several key themes and trends driving the world's largest car market.
Our proprietary survey of 1,790 consumers in 196 cities reveals the profile of China's "uber" car buyer: a man, aged 25-29, who lives in a 3rd tier city, earns between Rmb 100,000 ($15,008, €11,483, £9,605) to Rmb 150,000 a year in a management position, needs a car to get to work and is not concerned about worsening traffic conditions. The car this consumer archetype is most likely to buy is a new coupe or sedan made by either a European brand's joint venture in China or a domestic car company, costs between Rmb 50,000 and Rmb 100,000, is fuel-efficient and is purchased without auto financing.
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China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.
Other Articles on this Issue
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Macro View
Searching for a Golden Mean
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Forbidden City
North Korea throws a focus on Asia's fraught strategic balance
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The Big Call
Auto sales: A strong Q4, but more moderate 2011 in prospect
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Consumer China
Toyota - Sliding reputation brings a meagre harvest
BMW - Taking the high road
Geely - Stalling after a strong 1H, though new launch "Vision" shows promise
BYD - Taking a breather but still strong in lower tier cities
SAIC Motor - Thriving through joint ventures with VW and GM
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In Depth
Trust companies - A benign or malignant part of China's financial architecture?
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The Best of Chinese Commentators
A turning point for real estate?
Loose liquidity or tight supply?
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Funds Data
Flows to China hold up despite inflation fears
- View issue
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