China Still No. 1 in Car Production, Sales

China produced over 26.08 million cars and sold nearly 26.28 million in the past year, securing stable growth in the car industry in the inaugural year of its Five-Year Plan period (2021-25), People’s Daily reported.

These two figures, up 3.4% and 3.8%, respectively, made China the world’s largest car manufacturer and seller for the 13th year in a row, and further reinforced China’s position as the largest car market in the world.

Read the full report: People’s Daily.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.