China Association of Automobile Manufacturers: The added value of automobile manufacturing industry increased significantly year-on-year in January-February 2021

In January and February 2021, affected by the low base in the same period, automobile production and sales showed rapid year-on-year growth, and the industrial added value of the automobile manufacturing industry also showed a rapid growth momentum year-on-year. According to data released by the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, in January and February, the industrial added value of the automobile manufacturing industry increased by 70.9% year-on-year, 35.8 percentage points higher than the added value of industrial enterprises above designated size nationwide in the same period.