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China to have over 300m registered automobiles by year-end

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2021-11-22 11:10:44Xinhua Editor : Cheng Zizhuo ECNS App Download
Workers examine new energy vehicles ready to roll off the production line at SGMW's branch in Qingdao, Shandong province, on Feb 17. (Photo by Zhang Jingang/For China Daily)
Workers examine new energy vehicles ready to roll off the production line at SGMW's branch in Qingdao, Shandong province, on Feb 17. (Photo by Zhang Jingang/For China Daily)

China, the world's largest automobile market, is expected to have more than 300 million registered automobiles by the end of this year, an official with the China Association of Automobile Manufacturers said on Saturday.

By the end of September, China already had 297 million registered automobiles, Shi Jianhua, deputy secretary general of CAAM, said during a forum at the World Manufacturing Convention held in Hefei, capital of East China's Anhui province.

China's automobile market will continue to see stable growth in the future, with an expected 4 percent average annual growth for the five years to 2025, Shi said.

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