China's automobile production and sales have achieved double growth in the first 10 months of the year, industrial data showed Monday.
From January to October this year, the automobile production and sales nationwide reached 24.466 million and 24.624 million respectively, up 1.9 percent and 2.7 percent year on year respectively, according to the data released by the China Association of Automobile Manufacturers.
In October alone, automobile production and sales reached 2.996 million and 3.053 million respectively, up 7.2 percent and 8.7 percent month on month, and up 3.6 percent and 7 percent year on year respectively.
In terms of new energy vehicle (NEV) sales, the production and sales of NEVs in October reached 1.463 million and 1.43 million respectively, up 48 percent and 49.6 percent year on year respectively.
The sales of NEVs accounted for 46.8 percent of the total new car sales nationwide in October.
From January to October, the production and sales of NEVs reached 9.779 million and 9.75 million respectively, up 33 percent and 33.9 percent year on year respectively. The sales of NEVs accounted for 39.6 percent of the total sales of new vehicles across the country in the 10-month period.
China's auto production, sales realize double growth in first 10 months
South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.
The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.
"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.
"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.
ROK president reiterates firm adherence to one-China principle
