Research and Development Forecast of China Car Rental Industry, 2013-2017

With the development(http://www.researchmoz.us/research-and-development-forecast-of-china-car-rental-industry-2013-2017-report.html ) of China's society and the improvement of people's living standards as well as the transition of consciousness, more and more people and enterprises choose to travel with rented cars; for recent years, coupled with the implementation of purchase curbs policy in the second and first-tier cities, the development of car rental is greatly stimulated to a large extent. In 2012, the sales revenue of China's car rental industry reached CNY 25.7 billion, which is estimated to reach 38 billion by 2014. The compound annual growth rate of the sales revenue reaches 20.2% during 2010 to 2014. As of 2012, there were totally 250,000 units of China's car rental vehicles; the number is estimated to increase to 430,000 units by 2014. The compound annual growth rate of total vehicles of car rental is about 21% during 2010 to 2014, which is equal to the increase magnitude of total scale of China's car rental market.

Original Post Research and Development Forecast of China Car Rental Industry, 2013-2017