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China’s 2025 automobile trade-ins exceed 11.5 million units
On January 1, China’s Ministry of Commerce (MOFCOM) announced that in 2025, sales of consumer goods under the national trade-in program exceeded CNY 2.6 trillion. Specifically, over 11.5 million automobiles were purchased through the program, driving new automobile sales to stand above CNY 1.6 trillion.
New Energy Ve....
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