China's auto sector registers double-digit growth in Jan-July period with continued momentum in NEV sector

China

China's auto sector registers double-digit growth in Jan-July period with continued momentum in NEV sector

2025-08-11 17:25 Last Updated At：23:17

China's auto production reached 18.235 million units, up 12.7 percent year over year in the first seven months of this year, and auto sales logged 18.269 million units, increasing 12 percent from the same period last year, according to data released by the China Association of Automobile Manufacturers (CAAM) on Monday.

In July alone, automobile production and sales reached 2.591 million and 2.593 million units, up 13.3 percent and 14.7 percent year on year, respectively.

Meanwhile, China's new energy vehicles (NEVs) continued to gain strong momentum in production and sales during the first seven months of 2025, according to CAMM data. The sales of NEVs accounted for 45 percent of the total new car sales nationwide.

NEV's production in July reached 1.243 million units, up 26.3 percent; The production from January to July was 8.232 million units, up 39.2 percent.

NEV's sales in July were 1.262 million units, up 27.4 percent year over year. For the first seven months, sales reached 8.22 million units, representing a 38.5 percent year-over-year increase.

UNGA President warns global multilateral system "under attack"

The multilateral system is "under attack" amid global turmoil, President of the 80th UN General Assembly Annalena Baerbock warned in her remarks on Wednesday.

In her briefing on the priorities for the resumed 80th Session of the General Assembly, the UNGA president noted that the current multilateral system does not collapse all in a sudden, but "crumbles piece by piece" in divisions, compromises, and lack of political commitment.

The president called all the UN member states to defend the UN Charter and international law and promote cross-regional cooperation.

She also urged to push forward the work of the UNGA on certain critical issues with a strong majority, rather than an absolute consensus among all member states. Such act is not a failure of multilateralism, but "an affirmation of it," she said.

The foundational principles of the institution should not be eroded by appeasement, she said, calling the member states to show courage, leadership, and responsibility at the UN's "critical make-or-break moment."

"The UN needs you. Your support, your leadership, your principle, stand, your cross-regional cooperation, if we are to preserve and modernize this institution, if we are to make it, rather than break it," she said.