China's Position in the Global Automotive Production and Exports, 2018–2020

Natalia A. Volgina and Yuanlong Wang

A chapter in Current Problems of the World Economy and International Trade, 2022, vol. 42, pp 15-24 from Emerald Group Publishing Limited

Abstract: China is one of the fastest-growing countries; it holds important positions in many product markets, including the global automotive market. The objectives of this study are as follows: to assess the position of China in the global automotive production, global automotive exports and imports; and also compare the position of China on these indicators with the main competing countries. In this regard, the method of comparative analysis has become the main research method. Based on the analysis and calculations performed, the authors came to some conclusions. China came out on top in the production and export of automotive products, overtaking key competitors, including the United States, Japan, Germany and India. This was achieved through an effective combination of trade, investment and industrial policy instruments. The decline in production and export of cars during the COVID-19 coronavirus pandemic was minimal in China compared to competitors, which is explained by an efficiently formed supply chain, as well as the presence of transport hubs (7 of the 10 largest sea container ports are located in China). The authors believe that future trends in the development of the Chinese automotive industry will be associated with the renewal of production to reduce environmental pollution and restructuring of supply chains to further localize the production of intermediate components for the automotive industry.

Keywords: China; automotive production; car export; COVID-19 pandemic; world market; foreign trade; F15; F16; F18; F23; E22 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:reanzz:s0190-128120220000042002

DOI: 10.1108/S0190-128120220000042002

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