China industry body cuts 2022 auto sales growth forecast to 3%

SHANGHAI: China's automobile industry association downgraded its 2022 sales forecast on Monday as anti-pandemic measures weighed on the economy and its car market, the world's largest.

Overall growth of around 3 per cent compares with the 4.4 per cent achieved in 2021 and the 1.9 per cent fall of 2020. That tax break has affected purchases of close to 1.1 million vehicles, bringing a tax loss of 7.1 billion yuan for the government, the official People's Daily said.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

China can consider increasing its budget deficits - ex-finance ministerBEIJING : China can consider further deficit spending by the central and local governments, if needed, to finance support for small businesses, a former finance minister said on Saturday. To spur consumption, some local governments have issued consumption vouchers, but those steps remain inadequate due t
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »