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CPCA Cui Dongshu: 2025 Auto Investment Growth Rate 17.5%, Beating Forecast; Strong/ Durable Successive Policies Hoped Next Yr
2025-11-17 16:00:19 In 10M25, China's fixed asset investment (excluding rural households) decreased by 1.7% YoY, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), said. This year, auto investment has been unexpectedly strong over the past 2 years, with a growth rate reaching 17.5%, marking a historical high for the first ten months in recent years, and far exceeding the investment growth rate of other manufacturing industries. The auto market is expected to be stimulated by the trade-in subsidy policy in 2025. However, there will be significant pressure in 2026, and there is hope for strong and durable successive policies in the future, including more improvement measures such as proposals to reduce individual income tax for car buyers, promote NEVs in rural areas, optimize the application for C7 affordable EV licenses, exempt compliant BEVs with a range of less than 200 kilometers from vehicle purchase tax, encourage car purchases upon marriage and for childbirth, boosting car purchase consumption and promoting economic growth. ~ AASTOCKS Financial News Website: www.aastocks.com | |