[Auto]

China's auto manufacturing industry logs robust growth in Jan-Oct

by Shine
December 23, 2022
Share Article:

China's automobile manufacturing sector led the country's industrial recovery in the first 10 months of this year, reporting steady growth in terms of output, revenue and profits, industry data shows.

The industrial added value of the sector rose 8.1 percent year on year in the period, up 1.2 percentage points from the first three quarters and 4.7 percentage points higher than the whole manufacturing industry, according to the China Association of Automobile Manufacturers.

The combined operating revenue of companies in the sector neared 7.49 trillion yuan (about US$1.07 trillion), up 8 percent year on year, at a pace 2.1 percentage points faster than the overall manufacturing industry.

China's auto manufacturers raked in total profits of 425.06 billion yuan in the January-October period, up 0.8 percent from the same period last year, the data shows.

Share Article:

In Case You Missed It...

China's Auto Industry, Largest in the World, Faces Make-or-Break Juncture
FEATURED
[AUTO]
China's Auto Industry, Largest in the World, Faces Make-or-Break Juncture
@ Lu FeiranLineSep 7, 2026
Global Auto Giants Face Crunch Time, China a Pivotal Focus
[Auto]
Global Auto Giants Face Crunch Time, China a Pivotal Focus
VW, Mercedes, Toyota and GM can no longer count on the "cash cow" of China to drive sales growth.
New China Standards on Smart Driving Focus on Safety, Liability
[Auto]
New China Standards on Smart Driving Focus on Safety, Liability
Tighter restrictions force carmakers to incorporate safety into initial vehicle designs and refine motorist perceptions about what autonomous driving entails.
Global Ambitions: ZXMOTO Seals EU Entry With First WVTA Certification
[Auto]
Global Ambitions: ZXMOTO Seals EU Entry With First WVTA Certification
The ZX500RR-A3 model from the Chinese motorcycle startup's 500RR lineup was granted the European Union Whole Vehicle Type Approval this week.