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1、xx 化工大學(xué) xx 學(xué)院畢業(yè)設(shè)計(論文)——外文文獻原稿和譯文1外文文獻原稿和譯文 外文文獻原稿和譯文原 稿Development of Used Car Market in China ABSTRACT Although still in its early development phase, rapid growth of auto ownership has also injected new vitality for us

2、ed car market in China. Under the support of series policy, the used car market reveals leaping development character with qualified changes. It is essential to understand the new changes in the used car market. This pap

3、er conducted research on the new features of used car market in China to promote its development. Environment analysis showed that used car market will be strongly enhanced by the blooming of auto market, rapid GDP growt

4、h and policy support, which ex- perienced steady trade scale increase and structure optimization. The used car trade experienced steady trade scale in- crease and structure optimization. Along with the purchasing pattern

5、 changing, significant expansion of the second- hand car market is imminent, even with hinder issues such as lack of integrity, evaluation criteria and after-service sys-tem, and incomplete policy and regulation. Several

6、 new features were identified, strong policy support, enlarging mar-ket scale and irradiation loop, remarkable concentration increase, increased status of brand used car, and enhanced trading service platform establishme

7、nt. It is indicated that China’s used car market is making the shift from subordinate position to one of the dominant positions in auto industry, which is expected into a high speed, up-going development passage in the f

8、uture. Keywords: Used Car Market; Development; New Features; China 1. Introduction With the rapid social and economical development, China has become one of the most important markets in the world for the automotive indu

9、stry. In recent years, the scale of China’s automotive after-sales service market continues to increase [1]. Analyzing from the xx 化工大學(xué) xx 學(xué)院畢業(yè)設(shè)計(論文)——外文文獻原稿和譯文3Note(s): Red section represents passenger car, yellow secti

10、on represents commercial car, blue line represents increment for total car trade volume. Along with the growth in auto trade volume, car is popularized in ordinary family. According to the data from China Automotive Indu

11、stry Association, civil car population increased from 18.02 million to 93.5 million, with averagely 17.4% increment per year, shown in Fig- ure 2. Consequently, the car volume per thousand people grew steadily in China,

12、from 3.7 to 46.8 in 2001 to 2011, increased 12.7 times, shown in Figure 3. According to the auto market development, China’s auto market is in the massive popularization stage. In the stage, car vol- ume will keep fast i

13、ncrease until the car volume per thousand people exceeds 250. Usually, it will last 10 years. Due to the regional difference in income, popula- tion, economy, this stage may last longer in China. Ex- perts from State Inf

14、ormation Center estimated that this stage may last until 2013, with 12% - 14% increment an- nually. Therefore, the ever growing car volume due to the popularization stage of auto market, will provide more room and solid

15、foundation for used car market develop- ment in China. Therefore, the ever growing car volume due to the popularization stage of auto market, will provide more room and solid foundation for used car market develop- ment

16、in China. 2.2. Economy Environment Analysis Development of Auto market is positively related to economy development and people’s income [5]. As the biggest population in the world, the market potential is enormous. Recen

17、tly, China economy keeps steady and fast increase. Real GDP Per Capital increased from 1041$ in 2001 to 5432$ in 2011, with 17.4% annual increment, shown in Figure 4. As resident’s income level is the key factor for auto

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