According to statistics from the China Association of Automobile Manufacturers, there were 170 million passenger vehicles on the road in China in 2016, with over 7 million vehicles sold from January to September 2016 alone - an increase of 18.72 percent year-on-year. China’s independent automobile industry, once notorious for copycatting, has become a major force in the automobile market in China. Experts, however, warned that at a time when the vehicle growth rate has dropped to less than 5 percent, the real challenge for domestic brands is to have enough time to calmly compete with overseas counterparts and it remains to be seen whether China will go from being a big country to a powerful country in the automobile manufacturing industry.
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