China Association of Automobile Manufacturers: The added value of automobile manufacturing industry grew rapidly from January to September 2022

According to data from the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, in September 2022 , the added value of the automobile manufacturing industry increased by 23.7% year-on-year, 17.4 percentage points higher than the added value of industrial enterprises above designated size in the same period . It has a significant role in boosting the industrial economy.

From January to September , the industrial added value of the automobile manufacturing industry increased by 6.9% year-on-year , up 2.4 percentage points from January to August , and 3.7 percentage points higher than the manufacturing industry in the same period.