China's auto sales surpasses total sales in US, Japan in H1
- Source: Global Times
- [14:04 July 31 2009]
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In the first half of this year, China's auto sales have exceeded those in the US and Japan, ranking China first in the world.
The financial crisis hit the world economy heavily, during which the US, Europe and Japan were severely impacted, particularly on their auto industries.
Meanwhile, Chinese export industries are seriously affected, with economic growth slowing. However, due to a series of timely policies to expand domestic demand, China's economy is recovering, especially its auto market.
Agencies and Zhang Jie contributed to this story