MARKETING ANALYSIS OF CHINESE USED CAR MARKET

Abstract

In this paper different aspects of used car market development in China are analyzed. Influence of epidemic on the Chinese used car market is considered. SWOT-analysis of the Chinese used car market is made. Weaknesses and threats of Chinese used car market functioning are identified, strengths and opportunities of this market are revealed: strong policy support; market scale will enlarge; remarkable concentration increase; brand used car important role; trading service platform establishment. The market features indicated that Chinese used car market is making the shift to one of the dominant positions in Chinese auto industry.