Data: China’s auto sales jump 30% in July

Auto sales in China rose 29.7 percent in July compared to a year ago to 2.42 million units, continuing the recovery that began in June, supported by the easing of Covid-19 restrictions and government incentives.

Data released by the China Association of Automobile Manufacturers on Thursday showed that sales for the first seven months were still two percent lower compared to the same period in 2021.

Sales of new energy vehicles, which include all-electric, hybrid and hydrogen fuel cell vehicles, rose 120 percent in July compared to a year earlier.

China has sought to revive demand for cars by offering incentives such as lowering the purchase tax for vehicles with small engines and offering incentives to replace electric cars with petrol ones.