Top 10 profitable industries in China

By Jason Lee
0 Comment(s)Print E-mail China.org.cn, July 18, 2016
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   Automobile

Automobile, one of the 'Top 10 profitable industries in China' by China.org.cn

Automobile [sh.zyue.com]


The net profit rate of automobiles in developed countries is almost fixed. The retail price of a car with a manufacturing cost of about $8,000 may not be higher than $10,000. Yet, it can be priced $11,000 in the Chinese market. The cost of producing constantly drops along with the rise of production efficiency. But the retail price of automobiles in China always stays high.

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