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SYDNEY, July 1 /MediaNet International-AsiaNet/ --
With the growth of the Chinese automotive market and the associated growth in finance and insurance together with the increasing sophistication of Chinese business, credible market intelligence has become essential. This was highlighted in the Automotive Industry Development Policy released by the State Development and Reform Commission in May.
Now thanks to a pioneering Australian company that has been collecting this sort of information in that country for over fifty years, the automotive, finance and insurance industries in China now have a comprehensive service available to them.
Ms Xinmei Wei, General Manager of Red Book Automotive Data Services the company which trades as the Red Book said today, "until now, nobody has documented the details of a multiplicity of vehicles new and used on Chinese roads or even provided the barest details of the specifications of these vehicles.
"A guide to the market-based prices of these vehicles was just non-existent."
The Red Book company has databases that provide...
Source: HighBeam Research, MARKET INTELLIGENCE AVAILABLE FOR CHINA'S AUTO, FINANCE AND INSURANCE...