Profits of Car Industry Down 41.7% YoY in Jan-Feb
According to data from the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers,
According to data from the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, from January to February 2023, the profit of the automobile manufacturing industry was 41.43 billion yuan, a year-on-year decrease of 41.7%. The proportion of the total profits of the above-mentioned industrial enterprises was 4.7%.
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