Cui Dongshu: China's share of global automobile sales in July has risen to 34%, an increase of 3 percentage points year-on-year.

According to the Securities Times app, Cui Dongshu stated in an article that by 2025, the global automotive market will further differentiate. With the gradual implementation of two new subsidy policies, Chinese car sales have rebounded, reaching a market share of 34% in January. However, due to the February Spring Festival factor and temporarily high markets in the United States, Japan, and other countries, China's global market share in February was only 31%. Subsequently, with the promotion of the old-for-new subsidy program, the domestic car market showed strength month by month. By July, China's global market share had rebounded to a good level of 34%, an improvement of 3 percentage points compared to last year.