Summarize：www.chinabuses.org: According to the experts, the bus market is good in 2010, especially large and medium bus market although gloomy in 2009.
The experts show positive attitude towards the development of buses in the future. The reasons are as followed: the vast dispersion of the population of China, high road intensity and comparatively low railway intensity make China's land-way transport dependent on road one. Railway passenger transport indeed makes impact on road transport in the same routes; however, the former executes positive influence on the latter. In short-term perspective, the cost performance of railway transport is not good, leading to the returning of some customers to road due to cost. In long-term, the high-speed passenger transport will accelerate more transport requirements of road transport because of passengers' frequent flowing and bring more demand on bus products. The re-position of railway and road passenger transport will drive the upgrading of equipments, also new high-end requirements for manufacturing of large and medium buses. Energy-saving, emission-reducing cities and constantly promoted urbanization put forward increasing requirements of the upgrading of city buses. In addition, the overseas market demand is currently in fast recovery.
The profitability of large and medium buses continuously increases. On the one hand, the enhanced comfort, safety and economy of railway passenger transport objectively bring the performances of road transport increased. The rising price powers the gross profit of large and medium builders. On the other hand, the style of industry oligopoly is forming. The increasing market pricing ability of leading builders such as Yutong and King Long offers reliable guarantee of the profit level of the manufacturing of large and medium buses.
