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Beijing (Gasgoo)- In January, China's overall economic output continued to expand, with corporate expectations rising significantly. With the support of several policies, businesses remain optimistic about the future market. During the Chinese New Year holiday, China's supply and demand in the consumer market were both strong, and the "old-for-new" trade-in policy for consumer goods continued to yield positive effects. The robust growth in consumer demand created favorable conditions for the Chinese economy to achieve fast growth throughout the year. Although the number of effective working days was limited in January, vehicle production showed slight growth in China, and sales only saw a minor decline compared to the same period last year, thanks to favorable factors such as the "old-for-new" policy and the booming Chinese New Year economy. The automotive industry has had a smooth start to the year. The passenger vehicle market maintained a strong performance, with both production
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