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Xu Changming: Auto market has plenty of room for growth in next five years

BEIJING – China’s auto market is both big on a volume basis, and highly open, with plenty of room for growth in the next five years, according to Xu Changming, deputy director of the State Information Center (SIC).

Xu made the comments at the 2018 China Auto Bluebook Forum hosted by Auto Business Review on May 12 in Beijing, where more than 700 guests including OEM executives and industry experts gathered to discuss the current situation and future development trends of the industry.

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