On April 9, Wang Bin, head of the Consumer Promotion Department of the Chinese Ministry of Commerce, said that as the domestic epidemic prevention and control situation continues to improve, auto companies have fully resumed production and production, and market demand has steadily rebounded. In late March, the Ministry of Commerce's key monitoring of retail sales of automobile companies increased by 8.9% over late February. According to statistics from the China Automobile Dealers Association, passenger vehicles sold in March were 1.04 million units, a 37.5 percentage point increase from February's growth rate. In recent years, China's automobile consumption has continued to grow, and its automobile production and sales have been ranked first in the world for 11 consecutive years. At the end of 2020, China's automobile ownership will be expected to surpass that of the United States. (Editor Le Xiaomin)
Editor in charge: [Liu Xian]