The combined auto sales in January and February surged
84 percent from a year earlier to 2.9 million units, with February’s figures alone reaching 1.2 million units, up 46 percent year-on-year, according to the China Association of Auto Manufactures (CAAM) Tuesday.
China, the world’s largest auto market, adjusted the auto tax-cut policy and old-for-new program in January this year, to boost domestic consumption.
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