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Scrap cars transforming into "urban mines" still needs to accelerate

22 May,2015

In recent years, with the expansion of the automobile consumer market, the number of civilian vehicles nationwide has been increasing year by year, and the number of scrapped vehicles in China has also been increasing year by year. However, deep mining of "urban mines" still faces many practical difficulties.
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The peak of scrapping is approaching, and the market size of the dismantling industry may reach 450 billion yuan

22 May,2015

China has a large number of vehicles, and the peak period for scrapping vehicles is approaching. In 2014, the number of vehicles in China exceeded 154 million. From the perspective of vehicle sales, the Chinese auto industry entered a period of explosive demand growth after 2000, and new vehicle sales grew rapidly. The scrapping period for vehicles is usually 10 to 15 years, and China will enter the peak period for vehicle scrapping after 2015.
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Li Keqiang visits an exhibition of Chinese equipment manufacturing in Rio de Janeiro

21 May,2015

Li Keqiang visits an exhibition of Chinese equipment manufacturing in Rio de Janeiro
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