Reference News Network reported on February 14 that TASS recently reported that the China Association of Automobile Manufacturers recently released a report saying that in 2021, the country's automobile exports increased by 1 times year-on-year, approaching 2.02 million for the first time in history.
Russian media said that among them, the export of new energy vehicles increased by 3 times to 310,000 vehicles. Exports of passenger cars reached 1.61 million units, and exports of commercial vehicles increased to 402,000 units. In December alone, Chinese automakers exported 223,000 vehicles, up 54 percent year-on-year.
China International Finance Corporation (CICC), a major Chinese investment bank, earlier released an annual report on its website expecting car sales in the country to grow by 6.2 percent in 2022. The report said: "In 2022, consumer demand for Products in China's auto industry will probably maintain steady growth. ”
According to forecasts, China's car sales will reach 27.22 million units next year. Passenger car sales will increase by 8.1% to 22.76 million units, and sales of commercial vehicles such as trucks will increase by 2.2% to 4.46 million units.
CICC also expects sales of increasingly popular e-bikes to reach 54 million units in 2022, 14.9 percent higher than in 2021. (Editor/Liwen Hu)
![Caucus of China Automobile Manufacturers: Vehicle sales in March were 2.234 million units, down 11.7% year-on-year[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)