The surge in car sales in third- and fourth-tier cities may pump up China's auto sales growth back to 10 percent year-on-year, Beijing Morning Post reported Tuesday citing Xu Changming, director of Information Resource Department of State Information Center.
Third- and fourth-tier cities accounted for 30 percent of new car deals in China in 2012, a rise from the 26.7 percent in 2011. The auto market in these cities, typically dominated by Chinese brands, are expected to see more joint venture and international brands nudging in.
Su Bo, vice-minister of Industry and Information Technology, said that third- and fourth-tier cities and rural areas will fuel a stable growth in the Chinese car market in the following ten years. However, an explosive growth is not likely to take place.
China's auto sales, output drop in Feb
Nissan says Jan China auto sales up 22%
China now number one for Jaguar Land Rover
Vehicle imports see sharp decline in Nov
Passenger-vehicle sales near two-year high
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
