China’s auto market recovers with stimulus policies

Sleek machine: People visiting the Shenyang International Automobile Industry Expo in Shenyang. Vehicle sales rebounded nearly 20% month-on-month in Guangxi Jurong, as China works towards stimulating consumption and bolstering its automotive industry. — AFP

NANNING: After comparing different brands for more than a year, Yan Likang finally put down a deposit on an Audi vehicle at an auto show in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, in June.

The 36-year-old decided to make the purchase shortly after China slashed the car-purchase tax.