● The increasing average income of Chinese households, which allows more Chinese citizens to buy a car, to own more than one, or to have a more reliable, comfortable one.
● The small percentage of Chinese presently owning a vehicle, meaning there's plenty of demand to be fulfilled.
● And the increasing urbanization of Chinese citizens as they seek work and social opportunities in cities, meaning there's an escalating desire for more mobility.
The most dynamic market growth is expected to be in lower-tier cities.
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