On December 11, the China Association of Automobile Manufacturers (CAAM) unveiled the automobile production and sales figures for November. According to the data, China's auto exports soared to 728,000 units in November, reflecting a 9.3% month-on-month surge and a remarkable 48.5% year-on-year increase. This achievement marked the inaugural instance where monthly exports surpassed the 700,000-unit threshold. Over the period from January to November, cumulative exports soared to 6.343 million units, registering an 18.7% year-on-year growth. Chen Shihua, the Deputy Secretary-General of the China Association of Automobile Manufacturers, expressed optimism, projecting that China's auto exports are poised to hit the 7 million-unit mark by 2025.
