NDRC: China s auto prices see slim increase
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November 16th, 2009
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BEIJING, July 18 — Prices of cars manufactured in China handsaw a slim add of 0.37 percentage in the prototypal half from a year earlier, said a account issued by the price monitoring heart under the National Development and Reform Commission Saturday.
The account said prices of imported vehicles rose 5.57 percentage in the prototypal half.
The account was based on surveys carried out in 36 large and mid-size cities.
It forecast domestic auto prices would stay stable in spite of slim fluctuations because of a remains in supply and demand.
Auto sales topped 6 million in the prototypal half, up 17.69 percentage from the same era last year, according to the China Association of Automobile Manufacturers .
China s government halved the purchase assess on passenger cars to 5 percentage for models with engine displacements of less than 1.6 liters and started a rebate episode for auto buyers in rural areas premature this year.
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