The China Automobile Industry Association said on Monday (August 15) that the added value of China's automobile manufacturing industry from January to July 2022 increased by 1.3%year -on -year, from negative to positive.
According to the China News Agency, from January to June, the added value of China's automobile manufacturing industry decreased by 1.9%year -on -year, and the decrease was narrowed by 3.8 percentage points from January to May.
It is worth noting that the year -on -year decline in Chinese car retail sales from January to July 2022 continued to narrow.
In July 2022, the retail sales of Chinese auto categories were 382.4 billion yuan (RMB, the same below, about S $ 77.7 billion), an increase of 9.7%year -on -year.Seven percentage points, accounting for 10.7%of the total retail sales of consumer goods in the whole society.
From January to July, China's car retail sales were 2.5 trillion yuan, a decrease of 3.6%year -on -year, a decrease of 2.1 percentage points from January to June, accounting for 10.1%of the total retail sales of consumer goods in the society.
The China Automobile Industry Association said that the current passenger car market still requires the country and localities to continue to make efforts. The recovery of the commercial vehicle market depends on the formation of infrastructure investment as soon as possible.At the same time, the international situation is becoming increasingly complicated.In this environment, the automotive industry will pay attention to changes in the situation in a timely manner and actively respond.
