From January to October 2021, The Year-on-year Decline of Fixed Asset Investment in China's Automobile Manufacturing Industry Narrowed Slightly

According to the data released by the China National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, from January to October 2021, the fixed asset investment in China's automobile manufacturing industry continued its downward trend year-on-year, and the rate of decline has narrowed compared with the first three quarters of 2021. From January to October 2021, fixed asset investment in the automobile manufacturing industry fell by 5.5% year-on-year, and the rate of decline narrowed by 1% compared with the first three quarters of 2021.

From: China Association of Automobile Manufacturers

Translated by; WONDEE Autoparts

2021/11/23