English.chinabuses.com: According to China Association of Automobile Manufacturers (CAAM) reveals that China auto sales volume exceeds 1 million units at last month because of the country's stimulating policies. As usual, the month of August is the low season for auto sale.

CAAM's statistics also shows that the auto sale from January to July is up 23.38 percent year-on-year. In July, the sale of China's domestically made automobiles reached 1.09 million units.

China bus experts predict that the economy of China is bottom out and now it is on the way of recovery.

Source : english.chinabuses.com

Editor : Wei Yu

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Tags: China Auto Market Recovers