Ministry of Commerce: to improve the policy of automobile consumption

Xinhua News agency, director of market operations, Bingnan, 1st, said that this year, home appliances, cars to the countryside, with the old for new and other driving consumption policy effect is obvious, consumption growth quickly rebound, the annual total retail sales of consumer goods is expected to increase by about 15.6% per cent year-on-year. Bingnan in the "stimulating domestic demand, expanding consumption," the special conference said that as of the end of October, home appliances to the countryside to achieve the successful production of sales of about 120 billion yuan; As of November 24, home appliances to the old exchange of new sales of new appliances 2.3 million units, sales of 9 billion yuan; As of November 24,　　The old car to replace the new country to subsidize the old car 6,990, subsidy application amount of 58.43 million yuan, pulling new car consumption 1 billion yuan. China's GDP per capita has reached more than 3000 U.S. dollars and auto consumption has entered a fast-growing period, so there is still a lot of room to drive our car consumption, said Changxiao, director of the Department of Market construction. Mofcom will further study and improve policy measures to promote automobile consumption in conjunction with relevant departments.