China to have 140 mn automobiles by 2020

“China expects to have 140 million automobiles plying its roads by 2020, seven times more than now, fuelling huge demand for transportation infrastructure and services, state media reported.

China’s auto population would eventually reach around 250 million, or about 150 cars per 1,000 people, deputy director of the communication ministry’s comprehensive planning department, Li Xinghua predicted. ”

The full report is here on The Indian Express.

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