Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's passenger car sales continue to rise

November 16, 2020


Abstract : China's passenger car sales continued to expand in October, as the better-than-expected economic recovery and export market has stabilized consumer confidence.

BEIJING, Nov. 15 (Xinhua) -- China's passenger car sales continued to expand in October, as the better-than-expected economic recovery and export market has stabilized consumer confidence.

Retail sales of China's passenger vehicles, including sedans, sport-utility vehicles, minivans and multipurpose vehicles, rose 8 percent year on year to 1.99 million units last month, according to the China Passenger Car Association.

The October sales was up 4.1 percent month on month thanks to effective local sales promotions and positive market sentiment, said the association.

China's auto industry has recovered steadily from the COVID-19 epidemic due to the country's effective containment measures, which helped boost consumer sentiment. Enditem

Scan the QR code and push it to your mobile phone

Keyword: vehicles passenger car

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial