-
China unveils plan to 'stabilise' auto sector growth
China unveiled a plan on Saturday (Sep 13) to "stabilise" growth in its auto sector in the face of a price war between competitors and export woes, state media reported. Announced jointly by eight government departments, the plan for 2025 and 2026 "stresses cost surveys and price monitoring", as well as encouraging innovation and domestic demand, according to state news agency Xinhua. The plan foresees a slowdown in total vehicle sales to around 32.3 million this year, amounting to 3 per cent growth. That compares to 4.5 per cent growth registered in 2024, according to the China Association of Automobile ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From zerohedge.com | Sep 13, 2025
Every single day, we get a new story of another stealth bailout by China (since a bazooka stimulus remains out of the picture seeing how China pretty much used them all up by the time covid rolled out and pushed the country's consolidateded debt to GDP to around 400%). Here's another: according to Bloomberg, China is preparing to tackle the massive backlog ...
From finance.yahoo.com | Sep 14, 2025
China's factory output growth slowed to its weakest pace in a year in August, while retail sales fell to a nine-month low, keeping pressure on Beijing to roll out more stimulus to fend off a sharp slowdown in growth in the $19 trillion economy. The disappointing data suggests policymakers will need additional near-term fiscal support to hit their annual ...
From finance.yahoo.com | Sep 14, 2025
China's leaders have pledged to put an end to aggressive price cuts by some Chinese companies which regulators say are spurring excessive competition that is damaging the economy. The so-called "anti-involution" campaign has been sparked by overcapacity among Chinese manufacturers - a legacy of past government efforts to stimulate the economy - and price ...
