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Auto market posts strong growth in H1
China's auto production and sales logged double-digit increases in the first half of the year, a sign of vibrant domestic consumption in the world's second-largest economy, data from the China Association of Automobile Manufacturers showed on Thursday. The country's auto output totaled 15.62 million units during the period, up 12.5 percent from a year ago, while auto sales rose 11.4 percent to 15.65 million units. The CAAM saw increased vitality in the auto market, driven by various factors, including the country's stable economic growth and the consumer goods trade-in program.
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