Used car sales pick up momentum

Yu Mu, senior analyst from Beijing-based internet consultancy Analysys, said in China, new supportive policies can result in a boom. China's used car sales are expected to hit 20 million vehicles in 2020, double the 2016 level, according to a forecast by consultancy PricewaterhouseCoopers.
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Yu Mu, senior analyst from Beijing-based internet consultancy Analysys, said in China, new supportive policies can result in a boom. China's used car sales are expected to hit 20 million vehicles in 2020, double the 2016 level, according to a forecast by consultancy PricewaterhouseCoopers.