1. Text: | Print|

      Restrictions may crimp auto purchases

      2014-07-15 14:24 China Daily Web Editor: Qin Dexing
      1

      A Chinese auto association has forecast that vehicle sales will slow more than previously projected, as the economy is showing little sign of improvement and more cities are mulling purchase restrictions.

      Total vehicle deliveries will probably rise by 8.3 percent to 23.83 million units, compared with its January prediction for 10 percent growth, the China Association of Automobile Manufacturers said on Monday. Last year, sales increased 14 percent, making China the first country in which more than 20 million vehicles were sold in any given year.

      But demand for commercial vehicles slumped in the first half of 2014 and analysts forecast the world's second-largest economy would expand at its slowest annual pace since 1990. More local governments are looking to limit the purchase of new vehicles to cut emissions in support of the government's war on pollution.

      "We believe the economy hasn't shown obvious signs of improvement in the second half," said Xu Haidong, director of the auto association's trade coordination department. "It's hard to say whether more local governments will issue restrictions this year, but this is definitely one of the risks we have to take into account."

      Passenger vehicle sales climbed 11 percent to 9.6 million units in the first six months of the year, led by a demand for multipurpose and sport utility vehicles, according to data from the association.

      China's gross domestic product expanded 7.4 percent in the first quarter from a year earlier, the slowest pace since 2012 and down from 7.7 percent in the previous three months.

      Yale Zhang, Shanghai-based managing director of researcher Autoforesight Shanghai Co, said: "Usually, if there is not a lot of investment, demand for trucks will be affected. If there are no construction projects, truck demand will be lower."

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲精品黄色视频在线观看免费资源| 久草视频免费在线观看| 国产成人无码区免费A∨视频网站| 亚洲国产成人精品久久| 中文字幕在线免费观看| 亚洲综合婷婷久久| 午夜不卡久久精品无码免费 | 5555在线播放免费播放| 亚洲av丰满熟妇在线播放| 无码精品一区二区三区免费视频| 亚洲av日韩av无码| 91久久精品国产免费一区| 亚洲乱码一二三四区国产| 成人毛片免费观看| 亚洲国产成人久久一区二区三区| 日韩午夜免费视频| 免费看内射乌克兰女| 亚洲国产成人精品女人久久久 | 日本免费在线观看| 久久久久亚洲AV无码观看| 青娱乐免费视频在线观看| 亚洲日韩AV无码一区二区三区人| 暖暖免费高清日本一区二区三区| 特级毛片A级毛片免费播放| 亚洲精品国产美女久久久| 最近中文字幕国语免费完整| 亚洲中文字幕乱码熟女在线| 亚洲国产午夜福利在线播放| 99精品视频在线观看免费| 亚洲日本香蕉视频观看视频| 青青青青青青久久久免费观看| 日日摸夜夜添夜夜免费视频| 亚洲AV日韩AV永久无码免下载| 岛国av无码免费无禁网站| 成人午夜免费视频| 亚洲精品日韩专区silk| 国产99视频免费精品是看6| 久久久国产精品福利免费| 亚洲人成网站色7799| 国产亚洲成av片在线观看| 91精品免费国产高清在线|