Automotive industry in China ownership is expected to accelerate. China surpassed Japan to become the world's second-largest vehicle market in 2006, and passed the United States to become the largest in 2009. This growth is spurring demand for automotive parts, services, and after-care products. China is presently capable of manufacturing a complete line of automobile products and large automotive enterprises. Major domestic firms include the China First Automobile Group Corp. (FAW), Dongfeng Motor Corp. (DMC) and Shanghai Automotive Industry (Group) Corp. (SAIC). China encourages the development of clean and fuel efficient vehicles in an effort to sustain continued growth of the country’s automobile industry
Environmental governance in China of the 21st centuries, there was an explosive growth in China’s economy. New government policies encouraged the privatisation of agriculture, the wholesale urbanisation of China’s rural population, the development of tens of thousands of small-scale rural industries and an influx of international investment. The results have been staggering: hundreds of millions of Chinese have been lifted out of poverty; China’s economy continues to grow at a rate of 8–12 per cent annually, as it has for two decades and by the end of 2005, China was the fourth largest economy and third largest exporting nation in the world, after the