The China Automobile Industrial Organization Data shown on 11 Jan. The total New car sales in 2009 was 13,648,000. With an annual Growth of 46% over the year 2008. That number has outperformed USA. China now is the world largest market for Car.
World largest Shipment broker Clarkson latest data tells us that China has gained total 3,490,000 Tons CGT that is 44.4% of the world total tonnage, over taken Hyundai heavy industry as the World Largest Ship building industry.
By our forecast by, 2020, China will be the World largest Consumer market that will surpass USA as the World No. 1 Consumer market.