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China passenger car sales in May mark first gain in 2 years

Government subsidies help vehicle purchases rebound sharply

China's new-vehicle sales have grown for two months, logging a 14.5% gain on the year in May to reach 2.194 million units.   © EPA/Jiji

SHANGHAI -- New-vehicle sales in China have increased the past two months, recording 14.5% annual growth in May to 2.194 million units and stoking optimism in the world's largest auto market, which had slumped due to the coronavirus pandemic.

The news reflects continued growth in the sector, which rose 4.4% in April.

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