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China's automobile manufacturing industry logs robust growth in January-August
Updated: Oct 19, 2023
Xinhua
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BEIJING -- China's automobile manufacturing industry registered steady expansion in the first eight months of this year, industry data showed.
The industrial added-value of the sector surged 11.7 percent year-on-year during the period, according to the China Association of Automobile Manufacturers.
Combined operating revenue of the industry came in at 6.17 trillion yuan ($859.39 billion), soaring 10.9 percent from the same period last year.
Companies in the sector raked in a total profit of 303.59 billion yuan in the same period, up 2.4 percent over one year earlier, the data revealed.
