People who purchase the automobiles could enjoy a half vehicle purchase tax and subsidies from the local government. Such preferential policies have greatly revived the market, promoted vehicle consumption and development.

 

According to the official statistics, the number of visitors to this year's auto show reached 85,000, and 1,459 vehicles were sold, which is expected to drive consumption related to cars, auto parts, insurance, advertising and construction to reach 350 million yuan.

 

“Since the auto industry was shocked by the pandemic and shortage of chips, this auto show didn’t come easily,” said the director of GAC Motor.

 

The auto show has injected new momentum into the auto industry of Chenzhou City and contributed to the stable recovery of the industry and market.