China's market of new energy vehicles (NEVs) has expanded rapidly in recent years, leading to a fast rise in the competitiveness of Chinese NEVs.
July 8, 2022China will implement a package of stimulus measures to bolster the consumption of automobiles, such as supporting the purchase and use of new energy vehicles, promoting the sales of secondhand vehicles and the replacement of old vehicles, as well as accelerating the construction of urban parking facilities.
July 8, 2022China's latest move to bolster consumption of automobiles will further stimulate consumers' buying sentiment, provide a strong impetus for the auto market and promote the country's consumption recovery from the fallout of COVID-19, industry experts said.
July 8, 2022China's automobile market is picking up growth pace as supportive policies spur retail and wholesale sales, lending steam to the country's consumption recovery from COVID-19 jitters.
July 7, 2022