China's Car Consumption To Economic Growth Stimulating Role

Consumption is the ultimate goal of production, but it also promotes the economic growth. Along with the healthy and stable development of our national economy, automobile consumption is becoming a new consumption hotspot, and automobile industry will become a new impetus to stimulate economic growth. Based on the method of combining theory with practice, the paper summarizes the related theory of economy. Secondly, to study Auto consumption, it is essential to have thorough understanding on Auto consumption current. Now the Auto consumption of our country presents a stabile increasing situation. Our country has already become the third Auto consumption market in the world and the fourth production country since 2003, in 2005 our country car yield differ with the Germany, the third production country, no more than 50,000s, and in 2008 our car production has breakthrough 9 million vehicles, leapt as the world's top auto producers and auto market. The consumption structure of the Auto market changes from the public to private purchase. Thirdly, for promoting the car consumption, we should also analyze the Auto consumption influential factor. The macro economic policy, regional economic environment, competition, income condition, car price, consumption policy, consumption environment, the energy supply, city planning and transportation management and etc. Those are the main factors what influence car consumption to make the Auto industry become a new economic growth we should make full use the positive factors and limit negative factors that influence Auto consumption. Finally, the paper systematically analyzed how the auto consumption promotes economic development. In order to reveal the relationship between the auto consumption and economic growth, the article analyzes the function of auto consumption in auto industry and the relevant industries. Using the method of factor analysis of statistics and multiple stepwise regression analysis to empirical analyze the function of China automobile consumption on economic growth and summarize its effect on another related industry. Providing suggestions and Countermeasures for the government and related departments, exploring the effective way for the construction of automobile consumption, promoting the economic growth, and improving our country's economic and technical strength.