China: challenges for the automotive industry during foreign transactions August 2013

Published by Statista Research Department, Oct 9, 2013
This graph shows the main challenges for the Chinese automotive industry during foreign transactions, as perceived by Chinese automotive executives in August 2013. In the survey, about 44 percent of executives named cultural differences in negotiating as the dominant challenge during foreign transactions.

What were/are prevalent challenges you encountered during foreign transactions?

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Release date

October 2013

Region

China

Survey time period

August 2013

Number of respondents

n = 150 Chinese automotive companies

Special properties

survey among executives

Supplementary notes

In the survey sample, seven percent of surveyed companies made an annual profit above 50 billion yuan, 10 percent made 15-50 billion yuan, 12 percent made 4-15 billion yuan and 71 percent made an annual profit below 4 billion yuan.
The sample featured 24 percent manufacturers/OEM, 19 percent Tier 1 suppliers, 29 percent Tier 2 suppliers, 11 percent Tier 3 suppliers and 17 percent miscellaneous automotive companies.

In this part of the survey, multiple answers were possible.

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