China will have 200 million cars by 2020; gridlock, pollution concerns grow
By Normandy Madden, Crain News Service (AA)
Beijing --The number of vehicles on China's roads will more than double to at least 200 million by 2020, according to the Ministry of Industry and Information Technology.
There were 76.2 million cars in China at year-end 2009.
Car sales reached 13.64 million units last year, overtaking the US as the world's top car market, and are expected to reach 15 million units this year. As car use grows, concern is mounting over pollution, soaring energy demand, and traffic gridlock, according to a story by Agence France Presse.
From Tire Business (A Crain publication)
This report appeared in Advertising Age China, a sister publication of European Rubber Journal.
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