► China targets 35m annual sales
► Goal by 2025 - a huge volume
► One fifth to be clean-fuel cars
China is gunning for 35 million new car sales a year by the middle of the next decade, according to government targets.
The week after the 2017 Shanghai motor show, the Ministry of Industry and Information Technology (MIIT) released a road map which points to the goal by 2025.
If realised, the goal would cement China’s position as the world’s biggest car market by some margin.
A total of 28 million new cars were sold in China in 2016; by way of comparison, American buyers bought just shy of 18 million vehicles.
Clean fuel cars to ramp up in China
The government plan predicts that ‘new energy vehicles’ will make up a fifth of that total. It forecasts that sales of clean-fuel vehicles should top 2 million sales by 2020.
‘The quality of Chinese brand vehicles has clearly risen, while brand recognition, reputation and global influence are much stronger,’ the MIIT said. ‘By 2025, we should have some Chinese vehicle brands that are in the global top 10 by sales.’
Gavin Green blogs on the Shanghai motor show