Compared with about 100 years of development in industrialized countries, China's auto market is still young and problems and challenges are inevitable, said Meil. The demand is there and we want to locate what is real demand for China in the coming years, he said. Meil is currently involved in the development of a statistic model for China's auto industry with experiences from US and European market. His company is a global leader in fluid power system and services for industrial, mobile and aircraft equipment with last year's sales of US$8.1 billion. (extract)The government also said the country's demand for vehicles will grow quickly. The Ministry of Communication said the country will have 140 million automobiles plying its roads by 2020, a seven times greater number than now, fueling demand for transportation infrastructure and services.

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