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Home >> Business
UPDATED: 10:18, June 27, 2006
China's automobile imports see sharp increase in first five months
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In the first five months, China's automobile imports (including the complete sets of automobile spare parts) soared to 87,000 units, up by 80% over the same period of last year according to the statistics released by the General Administration of Customs. Analysts explained that the dealers increased car imports in the first quarter due to the coming increase of consumer tax from April, but the imports saw a decline in April and further drop in May. Despite that, the imports in the first five months witnessed a surge of 80% because of the sharp increase in the first quarter.

By People's Daily Online


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