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China says to stabilise, expand automotive industry consumption

Reuters · 01/06/2023 02:22
China says to stabilise, expand automotive industry consumption

- China will take steps to stablise and expand consumption in its automotive industry, a commerce ministry spokesperson said on Friday.

Despite COVID-related pressures on consumption in the industry, it is expected to continue to grow into 2023, the spokesperson added.


(Reporting by Joe Cash; Editing by Clarence Fernandez)

((Joe.Cash@thomsonreuters.com;))