China News Service, Beijing, January 13 (Reporter Yan Xiaohong) The China Association of Automobile Manufacturers predicts that in 2021 China's automobile industry will achieve a recovery and positive growth, and new energy vehicles are expected to grow by 40% year-on-year.
According to reports, China's auto market will gradually recover in 2020, and the annual growth rate of production and sales will steadily drop slightly, basically eliminating the impact of the epidemic. The overall automotive industry has shown strong development resilience and endogenous motivation.
Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, stated at the January 2021 information conference on the 13th that 2021 is the beginning year of the "14th Five-Year Plan". From the perspective of economic development, as government departments continue to consolidate and expand epidemic prevention and control and the economy With the achievements of social development, better overall development and security, China's economic operation will remain within a reasonable range.
However, there are still many uncertainties in the new crown pneumonia epidemic and the external environment, so the downward pressure on the economy still exists.
Xu Haidong said that from the perspective of the development trend of China's automobile industry, with the steady recovery of the national economy, consumer demand will recover faster, and the overall potential of the Chinese automobile market is still huge. Therefore, it is judged that 2020 may be the peak year of the Chinese automobile market. In 2021, a resuming positive growth will be achieved. Among them, car sales are expected to exceed 26 million, a year-on-year increase of 4%; new energy vehicles are expected to reach 1.8 million, a year-on-year increase of 40%.