In recent years, from the perspective of taxi registrations, sales volume of taxi witnessed an increased tendency in China, however, from 2012, the increase started to slow down. In 2012 and the first half of 2013, taxi registrations were 200.7 thousand and 94.9 thousand respectively, dropped by 4.5% and 2.1% on year-on-year basis respectively. In order to accurately seize status quo of China's taxi industry and future development trend as well as analyze characteristics of different regions, Radiant Insight join hands with nationwide administrative department of taxi industry and national key taxi enterprises so as to conduct In-Depth Survey on China Taxi Industry, 2013-2014.
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There are 100 cities sampled in this survey, involving 2670 taxi companies and 571,931 taxis. The taxi quantity accounts for 46% of 1.23 million taxi ownerships in China. As for specific regulations for total taxi numbers in respondent cities, 38.4% of cities do not increase total taxi quantity but have taxi renewal equally; 61.6% of cities increase their total number of taxis although they are controlling total number. And 72% of cities have specific regulations for choosing taxi brands.
As for specific standards for taxi service life in respondent cities, 56.9% stipulate that taxi service life should be 8 years; 25.7% ask for 5 years of service life; 10.1% stipulate that 6 years of service life are needed; 3.7% ask for 4 years. In the structure of taxi ownership, Jetta, Poussan (Vista), Elantra rank on the top three of ownership. Among the respondent cities, business models of taxi companies mainly have four types, namely, company operation, cooperative business operation, subordinated operation and individual operation. Company operation serves as a priority, accounting for 72.7%. Subordinated operation serves as the second one, representing 23.7%.
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Among factors of influencing the purchase of taxi, cost performance, high-quality and convenient maintenance with low cost, as well as low oil consumption are the top three factors, accounting for 14.4%, 12.7% and 12.3% respectively. As for the survey of choosing taxi price, there is 69.1% choosing price range from CNY 80,000 to CNY 100,000; 15.5% for CNY 50,000-CNY 80,000; 10.3% for CNY 100,000 -CNY 120,000; 3.1% for CNY 120,000-CNY 150,000; 2.1% for less than CNY 50,000.
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In-Depth Survey on China Car Rental Market, 2013-2014:
http://www.radiantinsights.com/research/in-depth-survey-on-china-car-rental-market-2013-2014
In order to accurately grasp the industry status quo and future development trends of China's car rental market and analyze the market characteristics of different regions, Radiant Insights conducts the in-depth survey on China's car rental market, together with the car rental industry management departments and major car rental enterprises across China.
In-depth Research and Development Forecast of Chinas Children English Training Market, 2013-2017:
http://www.radiantinsights.com/research/in-depth-research-and-development-forecast-of-china-s-children-english-training-market-2013-2017
As a highlight of the training market, children English training has been the focus of attention. In China, there are 200 million children who are learning English, and nearly 40% of them learn English in professional English training agencies. At present, new children English training schools have been set up in succession, some foreign institutions have entered Chinese market, and existing children English training institutions still added new classes; learning English from early childhood has become a trend.
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