It has been suggested that there will be a substantial increase in the sale of vehicles in China this year.

Statistics quoted to Bloomberg by an analyst from Beijing Antaike Information Development have indicated that demand in the Chinese market is set to flourish in 2007, as the country's economy has made car ownership more affordable for many people.

Over the past ten years, the Chinese economy has grown by nine per cent per year and during 2006 sales at automakers such as General Motors (GM) and Volkswagon increased by around 25 per cent compared to the previous year.

Vehicle sales in China surpassed Japan for the first time during 2006 and it is anticipated that such growth will continue, with the China Association of Automobile Manufacturers expecting sales to rise by 18 per cent across the vehicle sector during 2007.

Commenting on the growth, Beijing Antaike Information Development analyst, Jin Xiangyun, told Bloomberg: "The market share of diesel vehicles will grow rapidly as more rigid standards for emissions are in place or are to be implemented worldwide on environmental concerns."

Ÿ Adfero Ltd