Shanghai January 5 (Gasgoo.com) After more than 50 years of development, the Chinese automotive industry's concentration ratio has risen significantly, with the total market share of the top ten auto manufacturers reaching nearly 90%, reported Beijing Business News.

"What the Japanese makers have to do is figure out how to develop low-priced cars, like the ones sold by local Chinese makers, without damaging their brand images," said Osamu Yasugi, a senior researcher in charge of the Chinese market at Gendai Advanced Studies Research Organization, a Tokyo-based think tank that specializes in the auto industry.