Huge Market Potential with Favorable Policy Support

The development of the Caravan Vehicle industry in China started in 2000. At present, Caravan Vehicles are still new to the Chinese general public. However, it has great potential regarding Caravan Vehicle production and sales. Released in December 2009, the State Council has listed Recreational Vehicles and campsites into the National Encouraging Industry Directory. Impulse by the favorable policies, provinces and cities also attach great importance to the Caravan Vehicle travel industry.

Nowadays in China, the majority owners of Caravan Vehicle are from big cities and developed regions such as Beijing and Yangtze River Delta. Citizens there have strong consumption ability. Out of 1.3 billion population, ownership of Caravan totaled just 6,000 by end of 2011. While this figure is 8.9 million in USA, 6.5 million in Europe and 78,000 in Japan. (*Data Source: www.21RV.com)

Currently, 60% of the Caravan Vehicles in China are imported from abroad and the other 40% are made by domestic manufacturers or DIY by the owner. Lacking large scaled caravan market results in extremely high components price. The immature industry chain means that the domestic price of a Caravan is high and this is one of the few industries where the label “made in China” does not guarantee a lower price. Against such a background, All in CAVARANING was just born at the right moment.
 

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