Motor Vehicles in China Hit 199 Mln: Ministry -Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Market commentary
  • Macroeconomics
  • Zinc
  • Rare earth
  • Nickel
  • Aluminium
  • Iron ore
  • Sales data
  • Stainless steel
  • MMi Iron Ore Port Index
  • Copper
  • Futures movement
  • precious metals

Motor Vehicles in China Hit 199 Mln: Ministry

Data Analysis 02:56:10PM Oct 08, 2010 Source:SMM

BEIJING, Oct. 7 (Xinhua) --The number of motor vehicles on China's roads has hit 199 million, including more than 85 million automobiles, according to a statement released by the the Ministry of Public Security on Thursday.

The ministry's definition of motor vehicles includes motorcycles, tractors, trucks and cars.

A total of 205 million Chinese have learnt to drive. Of them, 144 million have learnt to drive automobiles, according to the statement.

The number of motor vehicles in China is increasing at a speed of more than 20 million per year and the population of drivers grows at a speed of more than 22 million per year, it reads.

China overtook the United States to become the world's largest automaker and automobile market in 2009.
 

Motor Vehicles in China Hit 199 Mln: Ministry

Data Analysis 02:56:10PM Oct 08, 2010 Source:SMM

BEIJING, Oct. 7 (Xinhua) --The number of motor vehicles on China's roads has hit 199 million, including more than 85 million automobiles, according to a statement released by the the Ministry of Public Security on Thursday.

The ministry's definition of motor vehicles includes motorcycles, tractors, trucks and cars.

A total of 205 million Chinese have learnt to drive. Of them, 144 million have learnt to drive automobiles, according to the statement.

The number of motor vehicles in China is increasing at a speed of more than 20 million per year and the population of drivers grows at a speed of more than 22 million per year, it reads.

China overtook the United States to become the world's largest automaker and automobile market in 2009.