FILE PHOTO: Vehicle drive past a traffic policeman on the Second Ring Road in Beijing, February 10, 2014. REUTERS/Jason Lee
BEIJING - China may issue new policies to stimulate demand for automobiles, with the country’s auto industry still facing difficulties, Xin Guobin, vice minister of industry and information technology, said on Monday. There is still not enough demand for autos, Xin told reporters, as the outbreak of the coronavirus has dramatically cut private consumption.
Autos account for a big portion of China’s overall industrial production, and are the main driver of the country’s retail sales. China is also working to help its auto spare parts manufacturers resolve cash flow problems, Xin said.
China must be held accountable for its cover up and the defective medical supplies they SOLD!
With their investments in electric energy, getting cars sold again should be easier than other nations. They had policies allowing electric vehicles to be out on the roads more often than gas powered cars to reduce emissions. China was less spread out than U.S. so less need to 🚗
Another death knell for the human race (and many other species).
U mean cheap china quality auto industry.
Any doctors here? Can you try nebulizer with vinegar on the infected patients since the coronavirus hit the lungs? Please try it.
Like another transformers movie? michaelbay