China News Service, April 9th, the State Council's joint defense and joint control mechanism held a press conference on the 9th. Wang Bin, head of the Consumer Promotion Department of the Ministry of Commerce, revealed at the press conference that China's automobile production and sales have been ranked first in the world for 11 consecutive years, 2020 At the end of the year, China's car ownership is expected to surpass that of the United States.

Wang Bin said that China's auto sales in 2019 fell by 8.2% year-on-year, and the new crown epidemic further increased the downward pressure on auto consumption. At present, the spread of foreign epidemics inevitably has an impact on automobile production, consumption and imports. For this, the Party Central Committee and the State Council attach great importance to this. The State Council ’s executive meeting reviewed and adopted a series of policy measures, which greatly enhanced market confidence. Vibration car consumption is of great significance.

Wang Bin pointed out 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.

Wang Bin said that China is the world's largest producer and consumer of automobiles and new energy vehicles, and an important global producer and trader of auto parts and raw materials. In recent years, China's automobile consumption has mainly exhibited four characteristics:

The scale continues to grow, and automobile production and sales have been ranked first in the world for 11 consecutive years. At the end of 2020, China's car ownership is expected to surpass the United States.

The structure is accelerating and the car ownership of rural households has increased by 15.5%, which has been significantly higher than the urban growth rate for five consecutive years.

The level has been gradually upgraded, and the market share of mid-to-high-end passenger vehicles has continued to expand. SUV sales accounted for 43.7%, 1.5 percentage points higher than the previous year.

Green development is highlighted, with sales of new energy vehicles exceeding 1.2 million, accounting for more than 50% of global sales.

Wang Bin said that due to various factors, Chinese autos have been declining for two consecutive years, indicating that after years of rapid growth, they have gradually entered a stage of platform adjustment, but this does not mean that auto sales will continue to decline. The "ceiling" of development has not yet been reached.

Wang Bin pointed out that China has a large population base and sufficient development potential. The car ownership of 1,000 people has just exceeded the world average and is far from the developed countries. The relevant national mid- and long-term development plans have clarified the development direction of low-carbon, informational and intelligent vehicles, and will continue to promote the consumption of high-performance, low-emission and energy-saving vehicles. According to the requirements of the three aspects of overall economic development, environmental protection and transportation, and comprehensive consideration of factors such as economic development level, public infrastructure construction and resource carrying capacity, there is still a lot of room for development in China's automobile consumption in the next ten years.