China Automobile Association: in April, the added value of automobile manufacturing industry decreased significantly year-on-year
According to the data of the National Bureau of statistics compiled by China Automobile Industry Association, in April 2022, the added value of the automobile manufacturing industry decreased by more than 30% year-on-year to 31.8%, which was significantly larger than that of the previous month. From January to April, the added value of automobile manufacturing industry decreased by 5.4% year-on-year, ending the growth trend in the first quarter.
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