China New Growth: From quantity to quality -- China's trillion-yuan auto plan

NAMPA / Xinhua

2025-11-30

BEIJING, Nov. 30 (Xinhua) -- China is steering its massive auto sector toward a future defined by precision alignment, targeting intelligent connected vehicles (ICVs) as a primary engine to generate 1 trillion yuan (about 141.3 billion U.S. dollars) in consumption by 2027. Under a new plan to boost domestic demand, China has identified ICVs as one of three priority sectors -- each expected to reach the trillion-yuan scale -- destined for rapid......

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