In its latest survey by the China National Bureau of Statistics and Sinotrust the following trends were observed during the survey:
- The Industry Climate Index of Q3 remains high despite a slight fallback over the previous wave;
- The growth of the related economic indicators (e.g. the industry’s total profit) shows a slowdown and the production and sales growth is becoming rationalized;
- With vehicle prices dropping and the growth of the capital occupation rate for finished products regaining its momentum, the inventory pressure increases;
- As entrepreneurs and dealers are satisfied with the market performance in Q3 and optimistic about the market prospect in Q4, both the Entrepreneur Expectation Index and the Dealer Manager Index stop dropping and rebound.
To read the full release click on the attachment: Sinotrust company news_for BIIA_20101025