Russia will implement strict automobile import regulations from April 2024, affecting the transit business of the EAEU and Chinese exports, resulting in increased costs and changes in the market pattern.
In 2023, Chinas automobile production and sales volume reached a new high, exceeding 30 million units for the first time. The export of new energy vehicles has increased significantly, and China is expected to become the worlds largest automobile exporter.
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PSB Record: Shanghai No.31011502009912
