China Tells

China’s vehicle sales reached 1.23 Million units in October based on total industrywide counts (See Article from Bloomberg). This is an increase of 72 percent from October last year. Also the passenger car sales reached 946,400 units, which is a jump of 76 percent from that of last year. However such figure is slight shy of the sales in Sept, during when China sold a total of 1.33 Million units industrywide. The government stimulus program has been frequently cited as the biggest support for China’s car sale increase. Whatever reason, the strong growth of car market in China has attracted most global car makers and the attached industry (see article from Chinatells). If China’s car ownerhip per capita is only half of that of the States, then all the car makers will laugh with a dropping jaw on the ground.

中国汽车销售再创佳绩，10月份工业所有汽车突破120万辆，其中小型客座车突破90万辆。各大媒体将中国汽车销售优异的表现归功于政府的大力刺激政策，但是除此之外中国消费者对汽车偏好的增加似乎也不可否认。由于中国汽车行业的蓬勃发展，相关产业也被大力带动（点击此处察看相关文章）。全行业欣欣向荣，前途光明。