China to Expand Automotive Consumption
21 July 2022
Business Advisory Section, HKTDC Research
Seventeen government departments, including the Ministry of Commerce, recently released a raft of measures aimed at expanding the consumption of automobiles. Steps are to be taken to support the purchase and use of new-energy vehicles, invigorate the used car market, boost spending on vehicle upgrades, promote the sustained and healthy development of parallel auto imports, and increase auto financing services.
- Mainland China