China’s Auto Sales to Grow 5% in 2011, NDRC Researcher Says
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China’s auto sales growth will slow to about 3 percent to 5 percent this year after government incentives that boosted deliveries in 2010 were removed, according to State Information Center Research Director Xu Changming.
Deliveries will likely be about 19 million units this year, according to Xu, whose center is a unit of the National Development and Reform Commission, China’s top economic planning agency.