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n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He
nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.
Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
hieving the goal of building a moderately prosperous society in all respects.
Xi said that although China is still in an important period of strategic opp
ortunity for its development, the country faces an increasingly complicated international situation.
f the year until July or August, when the market may see a recovery, Xu Haidong, assistant to
the China Association of Automobile Manufacturers’ secretary-general, told the newspaper.
The reason for the slowdown in China’s automotive market lies in the lack of consumer confidence, according to CA
AM. In addition, the upcoming stricter Nation VI emission standards, market expectation for the country’s stimulating spe
nding policy and a strong wait-and-see mood, are all contributing to the bleak picture, the association said.
With the actual policy effects from tax cuts and fees reduction
s, a promising consumer market boosted by infrastructure investment, the country’s a
utomobile market will have a stable development throughout the year, said the association.