Domestic market sheds stagnation
By Li Fangfang | China Daily | Updated: 2014-01-20 07:05
KPMG finds local brands in position to gain in the near future
Given its reported double-digit recovery in 2013 after two years of stagnation, China's auto market remains the most promising in the world, according to renowned consultancy KPMG.
The company predicts sales by China's automakers are set to account for one-third worldwide by 2020 thanks to constantly increasing investment in the sector.
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