China's auto output to total 4.3 million in 2003 ( 2003-10-23 15:41) (Xinhua)
China's automobile output is expected to total a record of 4.3 million in
2003, according to sources with a recent news conference on auto industry being
held in this capital city.
Zhu Yiping, director of the Information Department of China Automobile
Industry Association, said the output is to reach 1.2 million in the last
quarter this year, with sales totaling 600,000 in the same period.
The sales is expected to total 1.9 million by the end of this year.
According to Zhu, a total of 3.1989 million automobiles were produced in
China during the first nine months this year, up 35.77 percent on a year-on-year
basis.
The statistics symbolize that China's auto industry is developing at an
"extremely" fast speed, said Zhu.
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