China takes two in car sales

Chinese car sales are expected to top seven million vehicles this year, the world's second biggest following the United States, state-run media reported.

The People's Daily also said that the number of cars to be sold in the domestic market is expected to exceed 10 million in 2010.

"The fast-paced growth in the automobile market is making almost all multinational companies place their focus on China," the report said.

As a reflection of the interest in the Chinese market, a total of about 1500 companies from over 20 countries and regions participated in a recent motor show in Beijing, the paper said.

Source: AAP 2006