Automobile ownership to exceed 100m by year's end: CMIF
By Bao Chang | China Daily | Updated: 2011-07-23 08:07
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A parking lot in Nantong, Jiangsu province. China is expected to see 200 million automobiles on the roads by 2020, according to the Ministry of Industry and Information Technology. Xu Congjun / for China Daily |
BEIJING - Despite a slowdown in automobile sales during the first half of the year, the number of vehicles in China is expected to exceed 100 million, climbing by 18 percent from a year earlier, experts said on Friday.
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