北京车展

Anchor: Beijing Auto Show, the largest in the world's biggest car market, has attracted more than 2,000 companies from 14 countries and regions. They were exhibiting over 1,000 vehicles, with a record 118 new models making their global debut. China's automobile industry is booming on the back of strong domestic demand, but challenges remain due to a spate of governmental and environmental factors, including environmental woes, traffic congestion, government restrictions on car purchases and odd-even number car bans. Meanwhile, according to the latest figures, domestic brands are losing ground to their foreign rivals in the Chinese market. For more on the auto industry and market here in China, we're now joined on the line by Winston Wang, Managing director of shipstone group Ltd, Einger Taigan, our business commentator. Questions: 1. How do you evaluate China's auto market, demand & sales volume this year? Last year's performance has fueled high expectations, and a slew of major car manufacturers have set ambitious targets hoping to reach a double-digit growth rate this year. Are these targets feasible and do you expect strong sales growth this year? How do you see the growing over-capacity of the auto industry? 2. Many big cities, Beijing, shanghai, Guangzhou have introduced license limitation to restrict number of cars on the road. How will air pollution, together with issues of car ownership, traffic congestion and reliance on imported crude oil influence the China's car market? 3.Domestic brands are losing ground to their foreign rivals in the Chinese market. Why is that? 4.What do Chinese auto manufacturers differ from their foreign competitors in terms of strategies, business models and market segmentation? 5.Among foreign brands in China, the collective share of German and Japanese automakers ranked first and second in 2013, respectively. Why are German and Japanese cars most popular in China, rather than China's own brands? 6.The big buzz of the auto show this year is about electric cars and in-car connectivity. How do you see this trend and will Chinese car makers keep up with the trend of electric vehicles? 7.Geely and Volvo discussed on the establishment of a joint R&D institution in new energy automobile market. Geely has also purchased Emerald, a British manufacturer of electric vehicles. Fisker was acquired By Wanxiang for $149 million. Do you think Chinese companies will grab the opportunity and stand out in the energy automobile market?