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Xu Changming from the State Information Center: Sales of Models Under 100,000 Yuan Rose 51% in First Five Months, Market Share Reached 27.2%
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Author：小编
On June 14, Xu Changming, a senior economist at the State Information Center, addressed the 2025 Xuanyuan Automobile Blue Paper Forum. He noted that in the past year and this year, sales of vehicle models priced above 300,000 yuan have experienced negative growth. In contrast, sales of models priced below 100,000 yuan have seen a significant increase, with a growth rate of 51% in the first five months of this year. This surge has also led to an increase in their market share, rising from 22% in 2024 to 27.2%.
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