China Forecast to Produce 12M Vehicles This year
Green Car Congress
SEPTEMBER 6, 2009
China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6 People’s Daily. million units in July, up 63.57
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