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China's auto sales decline for the first time in more than 20 years: consumers tighten wallets, spiral steel pipe prices

Author: Tianjin Daegu Zhuang Xinhong Pipe Source: diseinugile.com Hits: Updated: March 22, 2019 [Font: large, medium and small ]

Tags: Spiral steel pipe price Q235b rectangular pipe manufacturer

The growth engine of the global automotive industry stopped operating in 2018, and the poor operation is bound to continue for at least another year. Spiral steel pipe prices.
China ’s National Passenger Car Market Information Joint Meeting stated on January 9 that the sales volume of the world ’s largest market ’s cars fell by 6% to 22.7 million units in 2018, recording the first annual decline in at least two decades and the price of spiral steel pipes . Unresolved trade frictions and the plunge of the Chinese stock market have discouraged buyers, and the auto industry, which has turned on warning lights around the world, may face more troubles in the future, spiral steel pipe prices.
As Apple ’s January revenue cut due to slower demand for China ’s iPhone showed, Chinese mainland consumers are tightening their wallets, and the Chinese economy with a size of $ 12.2 trillion (about 83.1 trillion yuan) is also facing pressure. , Spiral steel pipe prices. The auto industry, which has also been affected by the increasing popularity of ride-hailing cars, has been hit particularly hard. For this reason, the government is preparing to take stimulus measures to boost sales and prices of spiral steel pipes .
In the past few decades, car manufacturers have invested billions of dollars to build factories and production lines in China. Now, they can only ask whether growth will resume, when it will resume, and the price of spiral steel pipes . Continued large-scale expansion may put the company into a situation of overcapacity, and too cautious practices will damage the company's ability to take advantage of rebound opportunities.
Cui Dongshu, secretary general of the National Passenger Car Market Information Joint Committee, said that auto manufacturers are facing increasing pressure, and the decline in car sales may accelerate the extrusion process of unqualified companies, some of which may exit the market in 2020. Price price.
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Tel: 022-58657077 022-58654650 Mobile: 18222225557 13920874577 13820319757 Contact: Manager Xu Manager Chen Address: Daqiuzhuang Industrial Development Zone, Tianjin