A slew of government policies and campaigns to boost vehicle consumption have worked effectively, as vehicle sales have witnessed substantial growth in the sixth month of 2022 in China, according to the China Association of Automobile Manufacturers (CAAM).
China's vehicle inventory alert index (“VIA”), which reflects the inventory pressure on automobile dealers, declined 9.6 percentage points month on month in May 2022, according to the China Automobile Dealers Association (CADA).
The VIA stood at 56.8% in May, growing 3.9 percentage points from the year-ago period. The index was still above the official warning threshold (50%).
This year is the first year of the “14th Five-Year Plan”. What is the development trend of the dairy industry involving the national economy and the people’s livelihood after experiencing the test of the new crown pneumonia epidemic last year? At the 4th China Dairy Capital Forum, many industry professionals pointed out that China’s dairy industry has shown rapid growth in the post-epidemic period and has entered a new stage of high-quality development.
