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1. Background Because of the facts that the relation between supply and demand has changed greatly in Chinese-made car market, the pattern of competition has come into being mostly, the competition among carmakers has become fiercer, personal purchasing has turned into the main trend rather than institutional purchasing, on May 10, 2001, the State Development Planning Commission of China decided to relax control over the price of Chinese-made cars. The policy will contribute to carmakers in participating in the
1. Background Because of the facts that the relation between supply and demand has changed more in Chinese-made car market, the pattern of competition has come into being mostly, the competition among carmakers has become fiercer, personal purchasing has turned into the main trend rather than institutional purchasing, on May 10, 2001, the State Development Planning Commission of China decided to relax control over the price of Chinese-made cars. The policy will contribute to carmakers in participating in the