China Association of Automobile Manufacturers: A brief overview of automobile industry production and sales in July 2022

At present, my country's economy is at a critical window of stabilization and recovery. The Party Central Committee and the State Council have effectively coordinated epidemic prevention and control with economic and social development. Under the requirements of preventing the epidemic, stabilizing the economy, and ensuring safe development, the package of policies to stabilize the economy has taken effect further, which is conducive to the steady growth of the automobile industry. In July, the PMI of the automobile industry was higher than 52%, better than the overall manufacturing industry, and maintained expansion for two consecutive months, with production and sales continuing to recover.

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China Association of Automobile Manufacturers: A brief overview of automobile industry production and sales in July 2022

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