Heavens! 16.7 Million Vehicles Sold In China?
In today’s wode tian (OMG) moment, China’s People’s Daily reports that “a total 16.7 million vehicles were sold in China last year, bringing the country’s total vehicles to more than 186 million.” Shen me? (Excuse me?)
Wode tian (OMG) moment “Around 41 percent of the vehicles were cars and 51 percent were motorcycles,” says People’s Daily. Jeez, does that mean that Chinese bought only 6.85m cars in 2009, half of the expected 13.5m? Take a deep breath. Bad translation. Should read “51 percent of the 186m vehicles are motorcycles.”
The numbers above were released by China’s Ministry of Public Security that handles vehicle registrations. Total numbers of Chinese car sales have yet to be announced by the China Association Of Automobile Manufacturers. Watch this space for the official announcement.
Interesting factoids: According to the Ministry’s statistics, 76m cars are on China’s roads. Taking the official Chinese population number of 1.3b at face value, then this comes down to 60 cars per thousand pop. A far cry from the more than 800 cars per thousand in the US, or the 500 cars per thousand in most developed countries. Think they’ll never drive more than a bicycle? Think again.
Almost 200 million Chinese can drive a vehicle, about 15 percent of the population. There are 138m holders of a driver’s license for a car, nearly twice the number of cars on the road. (In the US, there are some 200m licensed drivers, and some 250m registered cars.) About 19 million Chinese obtained a driver’s license in 2009.
The talks of a Chinese car bubble are bubbles in some peoples’ brains. China has taken the first baby steps to mass motorization. China has many decades of growth ahead of it.
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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I’m guessing that Bertel, like most older business people working in China; knows a few spoken phrases, or maybe even many of them, but does not know written Chinese. It’s a lot more difficult to learn than say, French. Mostly because first, it’s a completely different writing system (not alphabetical), and secondly because it’s not even phonetic. Although he can probably get people to help him, it would just be inconvenient.
TTAC please don’t post all this PIN YIN. Instead, you should post Han Zi characters and back them up with Pin Yin inside parenthesis.
Anything else I can help you with? Low interest loan? Live-in ayi?