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200 Million Vehicles by 2020 200 Million Vehicles by 2020(0)

China must make it a top priority to develop fuel-efficient and alternative energy cars, the China Securities Journal said, citing Wang Fuchang, vice minister of the Ministry of Industry and Information Technology.
As of the end of 2009, there were 76.2 million vehicles in the country, according to government figures.
China’s auto sales have slowed in recent months, partially due to seasonal factors, but August saw a surprising 55.7 per cent year on year jump, boosted by Beijing’s new subsidies for energy-saving vehicles.
The surging car use has brought mounting concerns over pollution, soaring energy demand, and traffic gridlock.
A top official with the country’s environment minister, Liu Ziquan, was quoted on Monday as saying vehicle exhausts had overtaken other major sources as the top cause of air pollution in cities.

Source : Konaxis

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