China's automobile exports in May 2024 increased significantly year-on-year

According to the China Association of Automobile Manufacturers, in May 2024, China's automobile exports were 481,000 units, a month-on-month decrease of 4.4%, but a year-on-year increase of 23.9%. From January to May 2024, China's total automobile exports reached 2.308 million units, a year-on-year increase of 31.3%.