Jan 27, 2021 09:42 PM (GMT+8) · EqualOcean
According to the latest data released by the National Bureau of statistics compiled by the China Association of automobile manufacturers, in 2020, the automobile manufacturing industry will achieve a total profit of 509.36 billion yuan, a year-on-year increase of 4.0%, which is 3.2 percentage points slower than that from January to November, accounting for 7.9% of the total profits of Industrial Enterprises above designated size. In addition, in 2020, the operating revenue of automobile manufacturing industry will reach 8155.77 billion yuan, an increase of 3.4% year on year, ending the downward trend of last year, accounting for 7.7% of the total operating revenue of Industrial Enterprises above designated size.