Core Viewpoint - The commercial vehicle market in China is experiencing growth in both bus and truck production and sales, with significant year-on-year increases in passenger vehicles and moderate growth in freight vehicles [1][5]. Group 1: Commercial Vehicle Production and Sales - In June 2025, commercial vehicle production and sales reached 354,000 and 369,000 units respectively, with month-on-month increases of 5.3% and 10.3%, and year-on-year increases of 7.1% and 9.5% [1]. - From January to June 2025, commercial vehicle production and sales totaled 2,099,000 and 2,122,000 units, reflecting year-on-year growth of 4.7% and 2.6% [2]. Group 2: Passenger Vehicle Performance - In June 2025, passenger vehicle production and sales were 50,000 and 53,000 units respectively, with month-on-month growth of 14.2% and 22.6%, and year-on-year growth of 24.1% and 22.6% [5]. - For the first half of 2025, passenger vehicle production and sales amounted to 262,000 and 265,000 units, showing year-on-year increases of 8.4% and 8.7% [5]. Group 3: Truck Performance - In June 2025, truck production and sales were 304,000 and 316,000 units, with month-on-month growth of 4% and 8.5%, and year-on-year growth of 4.7% and 7.5% [5]. - From January to June 2025, truck production and sales reached 1,837,000 and 1,856,000 units, with year-on-year growth of 4.2% and 1.8% [6]. - Within the truck segment, heavy and light trucks showed varying degrees of growth, while medium and micro trucks experienced slight declines in production but mixed sales performance [5][6].

上半年新注册登记机动车 1688 万辆，新注册登记汽车 1250 万辆。 2025 年上半年，全国 新注册登记机动车 1688 万辆。其中，汽车新注册登记 1250 万辆，同比增长 0.68% 。 据公安部统计，截至 2025 年 6 月底，全国机动车保有量达 4.6 亿辆，其中汽车 3.59 亿辆， 新能源汽车 3689 万辆；机动车驾驶人 5.5 亿人，其中汽车驾驶人 5.15 亿人。 2025 年上 半年全国新注册登记机动车 1688 万辆，新领证驾驶人 1258 万人。 机动车驾驶人数量达 5.5 亿人。 截至 6 月底，全国机动车驾驶人数量达 5.5 亿人，其中， 汽车驾驶人数量为 5.15 亿人，占驾驶人总数的 93.68% 。 2025 年上半年，全国新领证驾 驶人数量 1258 万人。 网上办理车辆和驾驶证业务 5395 万笔。 2025 年上半年，各地公安交管部门积极推行补换 领牌证等交管业务 " 足不出户 " 网上办。全国网上办理补换领驾驶证和行驶证、发放临时号 牌等业务 5395 万笔。 来源：公安部交通管理局 新能源汽车保有量达 3689 万辆，上半年新注册登记 562.2 万辆。 截 ...

Core Viewpoint - The article highlights the positive trends in the passenger car market in China, driven by policies promoting vehicle trade-ins, increased consumer demand, and the launch of new models by manufacturers [1][3]. Group 1: Production and Sales Data - In June 2025, passenger car production and sales reached 2.441 million and 2.536 million units respectively, with month-on-month increases of 5.5% and 7.8%, and year-on-year increases of 12.1% and 14.5% [1]. - For the first half of 2025, passenger car production and sales totaled 13.522 million and 13.531 million units, reflecting year-on-year growth of 13.8% and 13% [1][6]. Group 2: Market Segmentation - In June 2025, among the main types of passenger cars, the production of crossover vehicles saw a significant decline, while sales experienced slight growth; other categories showed varying degrees of growth in both production and sales [3]. - In the first half of 2025, all four major categories of passenger cars exhibited growth in production and sales compared to the same period last year, with crossover vehicles showing particularly notable growth [3]. Group 3: Domestic and Export Sales - In June 2025, domestic sales of passenger cars reached 2.034 million units, marking a month-on-month increase of 7.9% and a year-on-year increase of 12.3% [5]. - For the first half of 2025, domestic sales totaled 10.95 million units, reflecting a year-on-year growth of 13.6% [6]. - In June 2025, passenger car exports amounted to 502,000 units, with month-on-month growth of 7.3% and year-on-year growth of 24.6% [7]. - In the first half of 2025, passenger car exports reached 2.581 million units, showing a year-on-year increase of 10.3% [8].

据中国汽车工业协会分 析 ， 今年以来，面对更趋复杂严峻的外部环境，国家层面实施更加积极有为的宏观 政策，加快落实稳就业稳经济推动高质量发展若干举措，经济运行总体平稳。上半年，汽车市场延续良好态 势，产销较同期均实现 10% 以上较高增长 。 2025 年 6 月， 汽车产销分别完成 279.4 万辆和 290.4 万辆，环比分别增长 5.5% 和 8.1% ，同比分别增 长 11.4% 和 13.8% 。 2025 年 1-6 月， 汽车产销分别完成 1562.1 万辆和 1565.3 万辆，同比分别增长 12.5% 和 11.4% 。 2025 年 6 月， 乘用车产销分别完成 244.1 万辆和 253.6 万辆，环比分别增长 5.5% 和 7.8% ，同比分别 增长 12.1% 和 14.5% 。 2025 年 1-6 月， 新能源汽车产销分别完成 696.8 万辆和 693.7 万辆，同比分别增长 41.4% 和 40.3% 。 2025 年 1-6 月， 商用车产销分别完成 209.9 万辆和 212.2 万辆，同比分别增长 4.7% 和 2.6% 。 2025 年 6 月， 新能源汽车产销分别完 ...

Core Viewpoint - The automotive market in China has shown strong growth in the first half of the year, driven by favorable macroeconomic policies, a boost in domestic demand, and rapid growth in the new energy vehicle (NEV) sector [1][2]. Group 1: Overall Automotive Production and Sales - In June, automotive production and sales reached 2.794 million and 2.904 million units, respectively, with month-on-month increases of 5.5% and 8.1%, and year-on-year increases of 11.4% and 13.8% [6]. - For the first half of the year, production and sales totaled 15.621 million and 15.653 million units, with year-on-year growth of 12.5% and 11.4% [6]. Group 2: Domestic Sales - In June, domestic sales of automobiles were 2.312 million units, reflecting a month-on-month increase of 8.3% and a year-on-year increase of 11.9% [12]. - For the first half of the year, domestic sales reached 12.57 million units, with a year-on-year growth of 11.7% [12]. Group 3: Export Situation - In June, automobile exports totaled 592,000 units, with a month-on-month increase of 7.4% and a year-on-year increase of 22.2% [13]. - For the first half of the year, exports amounted to 3.083 million units, showing a year-on-year growth of 10.4% [13]. Group 4: New Energy Vehicles (NEVs) - In June, NEV production and sales reached 1.268 million and 1.329 million units, respectively, with year-on-year growth of 26.4% and 26.7% [62]. - For the first half of the year, NEV production and sales totaled 6.968 million and 6.937 million units, with year-on-year growth of 41.4% and 40.3% [62]. Group 5: Key Enterprises - In the first half of the year, the top fifteen automotive groups sold a total of 14.434 million units, representing a year-on-year increase of 9.8% and accounting for 92.2% of total automotive sales [80]. - The top fifteen NEV groups sold a total of 6.599 million units, with a year-on-year growth of 43%, making up 95.1% of total NEV sales [82].

Core Viewpoint - In June 2025, the national consumer price index (CPI) showed a year-on-year increase of 0.1%, with urban prices rising by 0.1% and rural prices declining by 0.2% [1] Group 1: Year-on-Year Price Changes - In June, the prices of food, tobacco, and alcohol increased by 0.1%, contributing approximately 0.03 percentage points to the CPI [2] - Fresh fruit prices rose by 6.1%, impacting the CPI by approximately 0.12 percentage points; aquatic product prices increased by 3.4%, contributing about 0.07 percentage points [2] - Egg prices decreased by 7.7%, negatively affecting the CPI by about 0.05 percentage points; meat prices fell by 4.2%, leading to a 0.13 percentage point decline in the CPI, with pork prices down by 8.5% [2] - Grain prices decreased by 1.2%, impacting the CPI by approximately 0.02 percentage points; fresh vegetable prices fell by 0.4%, contributing a 0.01 percentage point decline [2] - Other categories saw price increases, with other goods and services, clothing, and education/culture/entertainment rising by 8.1%, 1.6%, and 1.0% respectively [2] Group 2: Month-on-Month Price Changes - In June, food, tobacco, and alcohol prices decreased by 0.3%, contributing approximately 0.09 percentage points to the CPI decline [4] - Fresh fruit prices fell by 3.3%, impacting the CPI by about 0.07 percentage points; egg prices decreased by 2.9%, contributing a 0.02 percentage point decline [4] - Meat prices saw a slight decrease of 0.6%, affecting the CPI by approximately 0.02 percentage points, with pork prices down by 1.2% [5] - Fresh vegetable prices increased by 0.7%, contributing approximately 0.01 percentage points to the CPI [5] - Other categories showed mixed results, with other goods and services, daily necessities, and healthcare prices rising by 0.5%, 0.2%, and 0.1% respectively [5]

Core Viewpoint - In June 2025, the national industrial producer price index showed a year-on-year decline of 3.6% for ex-factory prices and a 0.4% month-on-month decline, indicating a continued downward trend in industrial pricing pressures [1]. Group 1: Year-on-Year Changes in Industrial Producer Prices - In June, the ex-factory prices of industrial producers saw a decline in production materials by 4.4%, contributing approximately 3.26 percentage points to the overall decrease in ex-factory prices. The mining industry experienced a significant drop of 13.2%, while raw materials and processing industries saw declines of 5.5% and 3.2%, respectively [3]. - Prices for living materials decreased by 1.4%, impacting the overall ex-factory price level by about 0.35 percentage points. Food prices fell by 2.0%, while clothing prices increased by 0.1%, and general daily goods prices rose by 0.8%. Durable consumer goods prices, however, decreased by 2.7% [3]. Group 2: Month-on-Month Changes in Industrial Producer Prices - In June, the month-on-month ex-factory prices of industrial producers showed a 0.6% decline in production materials, affecting the overall price level by approximately 0.42 percentage points. The mining industry prices decreased by 1.2%, raw materials by 0.7%, and processing industry prices by 0.5% [7]. - Living materials prices saw a slight decline of 0.1%, contributing about 0.02 percentage points to the overall price level decrease. Food prices fell by 0.3%, while clothing prices remained stable, and general daily goods prices increased by 0.1% [7]. Group 3: Changes in Industrial Producer Purchase Prices - In June, the purchase prices for industrial producers showed a significant decline in fuel and power categories by 10.4%, black metal materials by 8.0%, and chemical raw materials by 6.2%. Agricultural products also saw a decrease of 4.2%, while construction materials and non-metallic categories dropped by 2.6% [6]. - The textile raw materials category experienced a decline of 2.4%, while prices for non-ferrous metal materials and wires increased by 2.4% [6].

Core Viewpoint - The article highlights the significant growth in China's automobile exports to "Belt and Road" countries, indicating a strong market presence and increasing demand for both traditional and new energy vehicles. Group 1: Export Data - In the first five months of 2025, the total value of automobile exports from China to "Belt and Road" countries reached 52.39 billion USD, representing a year-on-year increase of 12% and accounting for 58.2% of the total automobile export value [1] - The export of complete vehicles amounted to 1.855 million units, showing a year-on-year growth of 18.6% and constituting 65% of the total complete vehicle exports [1] - The export of new energy vehicles reached 574,000 units, with a remarkable year-on-year increase of 62.5%, making up 49.2% of the total new energy vehicle exports [1]

Core Viewpoint - The Ministry of Industry and Information Technology has launched an online platform to address issues related to major automotive companies' adherence to payment commitments to small and medium-sized enterprises (SMEs) [1][5]. Group 1: Issues Addressed by the Platform - The platform primarily addresses four types of issues: 1. Major automotive companies failing to adhere to the 60-day payment commitment, with payment terms exceeding 60 days as stipulated in procurement contracts [2]. 2. Unreasonable payment term start dates set by major automotive companies, unjustified delays in issuing inspection or acceptance certificates, and conditions tied to third-party payments [3]. 3. Coercion or indirect coercion of SMEs to accept non-cash payment methods such as commercial bills or electronic accounts receivable certificates [4]. 4. Other issues related to the inadequate implementation of the "Regulations on Ensuring Payment to Small and Medium-sized Enterprises" by major automotive companies [5]. Group 2: Commitment and Future Actions - Recently, 17 major automotive companies, including FAW, Dongfeng, GAC, and Seres, have publicly committed to ensuring that supplier payment periods do not exceed 60 days, receiving positive social feedback [5]. - The Ministry aims to facilitate the improvement of management processes and payment methods among major automotive companies, ensuring the effective implementation of the regulations and benefiting SMEs [5]. - Future actions include guiding industry organizations to develop payment settlement standards for the automotive industry and promoting contract templates to further standardize payment processes for suppliers [5].

导 读 工业和信息化部近日公告2024年度中国乘用车企业平均燃料消耗量与新能源汽车积分情 况。2024年度，中国境内117家乘用车企业共生产/进口乘用车2318.9万辆（含新能源乘用 车，不含出口乘用车），WLTC工况下行业平均燃料消耗量为3.31升/100公里，同比下降 12.4%。 中华人民共和国工业和信息化部公告 附件：2024年度中国乘用车企业平均燃料消耗量与新能源汽车积分核算情况表 工业和信息化部 商务部 海关总署 市场监管总局 2025年6月30日 2025年 第14号 根据《乘用车企业平均燃料消耗量与新能源汽车积分并行管理办法》（工业和信息化部 财政部 商务部 海关总署 质检总局令 第44号）、《关于修改〈乘用车企业平均燃料消耗量与 新能源汽车积分并行管理办法〉的决定》（工业和信息化部 财政部 商务部 海关总署 市场监 管总局令 第53号）和《关于修改〈乘用车企业平均燃料消耗量与新能源汽车积分并行管理办 法〉的决定》（工业和信息化部 财政部 商务部 海关总署 市场监管总局令 第64号）要求， 现将2024年度中国乘用车企业平均燃料消耗量与新能源汽车积分情况予以公告。 2024年度，中国境内117 ...