Industry dynamics

Chinese auto sales up 29.5% in January

Publishtime:1970-01-01 08:00:00 Views:44
BMW showcases its X4 M model at the Shanghai auto show in 2019. [Photo by Li Fusheng/China Daily]

BEIJING - China's auto sales rose 29.5 percent year-on-year to over 2.5 million in January, data from an industry association showed on Tuesday.

The growth came amid the country's recovering market demand, according to the China Association of Automobile Manufacturers.

Auto sales dropped 11.6 percent month on month in January due to the shortage of automobile chips, said the association.