According to the 2022 Survey Report released by the China Automobile Dealers Association, the implementation of favourable policies such as national tax cuts, local government subsidies, manufacturer subsidies, and promotions has strongly stimulated the demand and consumption, which accelerated the recovery of the auto market. Stimulated by various favourable policies, 62.3% of traders raised their sales targets for 2023.
CADA: 62.3% Car Traders raise their Sales Targets for 2023
According to the 2022 Survey Report released by the China Automobile Dealers Association, the implementation of favourable policies such as national tax cuts, local government subsidies,
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