The sales and production hit new record
2017/02/24

In 2016, the auto industry in China enjoyed a rapid growth, with its sales and production both hitting new records. Driven by those boosters like purchase tax preference, the monthly sales were much higher than a year earlier, except for the sales in February. The accumulated growth rate soared. In generally, a booming momentum could be seen.
    This year, the production and sales of automobiles were 28,119,000 and 28,028,000 units respectively,  up 14.5% and 13.7% year on year, 11.2 percentage points and 9.0 percentage points higher than the same period last year.