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Stock impact report

With vehicle sales and production now both exceeding 30 million units, how has China's automotive industry grown sixfold in the last 20 years? [Yahoo! Finance]

BorgWarner Inc. (BWA) 
Last borgwarner inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: borgwarner.com/investors
Company Research Source: Yahoo! Finance
This membership expanded opportunities for the automotive industry by enhancing imports and exports, as well as enabled a stronger exchange of technology and information. The country's influence in the automotive market proliferated; in 2004, the annual production and sales of automobiles both exceeded 5 million units [1] The industry had, therefore, entered a phase marked by stability and high-quality advancement, with China's share of global vehicle production jumping from 8.1 to 23.5 percent between 2004 and 2010 [2] . And so, less than a decade after joining the WTO, China overtook the US to become the world's top automaker [3] The government also doubled down on its commitment to promoting the sale of new energy vehicles through a comprehensive, structured strategy. The aim was to advance the entire ecosystem of smart road systems, car connectivity and smart driving technologies. More recently, this progression has expanded to 5G applications, autonomous driving, battery char Show less Read more
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