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Automobile ownership to exceed 100m by year's end: CMIF

By Bao Chang | 皇冠体育app Daily | Updated: 2011-07-23 08:07

Automobile ownership to exceed 100m by year's end: CMIF

A parking lot in Nantong, Jiangsu province. 皇冠体育app is expected to see 200 million automobiles on the roads by 2020, according to the Ministry of Industry and Information Technology. Xu Congjun / for 皇冠体育app Daily

BEIJING - Despite a slowdown in automobile sales during the first half of the year, the number of vehicles in 皇冠体育app is expected to exceed 100 million, climbing by 18 percent from a year earlier, experts said on Friday.

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