(Bloomberg) -- China auto sales may grow in 2021, reversing three years of declines, according to Wang Bin, a deputy head at the Ministry of Commerce’s consumption promotion department.

  • Recent declines in monthly new car sales were affected by a higher base last year, tighter car chip supply and a stabilizing market after years of rapid growth, Wang said at a press conference on Sunday
  • Previous story: China Aug. Retail Passenger Vehicle Sales Fall 14.7% Y/y: PCA

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