The Industry Association said two new policy measures will continue to be implemented in H2, supporting fresh incremental demand in the China auto aftermarket. New-product supply is expanding and market prices are relatively stable, underpinning further improvement in sector operating conditions. Risks include a volatile external environment, rising uncertainty and persistently weak domestic demand, leaving the industry under significant pressure. The association called for stabilizing policy ex

The Industry Association said two new policy measures will continue to be implemented in H2, supporting fresh incremental demand in the China auto aftermarket. New-product supply is expanding and market prices are relatively stable, underpinning further improvement in sector operating conditions. Risks include a volatile external environment, rising uncertainty and persistently weak domestic demand, leaving the industry under significant pressure. The association called for stabilizing policy expectations, strengthening regulatory guidance, closely monitoring international developments, managing risks and steadily expanding overseas markets.