Cars
2011 auto sales could drop 10%
Updated: 2011-05-27 14:14
(China Daily)
China's auto sales may fall 10 percent this year, when government stimulus policies expire and restrictions on car licenses continue, said the China Automotive Technology & Research Center.
Industry-wide vehicle deliveries fell for the first time in 27 months in April, which saw total sales decline 0.25 percent to 1.55 million units.
The decline was attributed to rises in fuel prices. It is also because cities implemented controls to curb traffic, and because Japan's recent earthquake had slowed deliveries.
E-paper
Tapping into the future
Foreign companies are investing in China's water industry as many predict a growing profit margin.
Preview of the coming issue
Headhunters ride on growth
Commercial property rides wave
Specials
Cuisine central
London's Chinatown is helping diners appreciate full palate of Chinese food
Tying the knot
Danish couple's high-end macrame export business takes off in the mountains of Yunnan.
Truly a super woman
Li Yuchun first came to prominence in 2005 as the Super Girl winner, and since then has become an international star.