Reporters' Log

Premier: China to boost second-hand auto market

By Li Fangfang (chinadaily.com.cn)
Updated: 2009-03-05 11:56

China will try to promote auto consumption by new measures to invigorate the second-hand vehicle and auto leasing markets, said Premier Wen Jiabao in his government work report at parliament session today.

The efforts will concentrate on promoting a healthy consumption pattern in the auto market, which is key to boosting domestic consumption.

The growth in China's auto sales slowed 15.1 percent from a year earlier to 6.7 percent in 2008, the first single-digit increase since 1999. A total of 9.38 million vehicles were sold last year.

Central Economic Work Conference

• Interest Rate Cut
• 30 Years of Reforms
• Coping with Financial Crisis
• Housing in China
• 2008 Tsinghua Management Global Forum
• more

Hot Words

• 政府注資 pump priming
• 軟環境 soft environment
• 糧食最低收購價 crops' minimum purchase prices

• 保八 Eight Percent Protection
• 以人為本 Put People First
• 農民企業家 Farmer-turned-entrepreneur
• 窗口指導 window guidance
• 下崗再就業 Re-employment after being laid off
• more

From Foreign Press

• German media give full coverage to Premier's report
• Overseas press praise China's 8% economic growth
• German media: Economy tops agenda at NPC session
• From the foreign press
• World media keeps close watch on 'two sessions'
• more

Letters

• Corruption top issue for public
• China adopts Food Safety Law
• China's economic growth in 2009
• more