China said to continue auto stimulus measures

Gasgoo From Bloomberg

China will continue its stimulus measures for the nation's automobile industry, Caijing Magazine reported late Thursday on its Web site, citing Luo Lei, the China Automobile Dealers Association's deputy secretary general.

The growth of vehicle sales will slow next year, the Beijing-based magazine reported, citing Luo. China's vehicle sales may reach 13 million units this year, according to the report.

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