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Sales of second-hand cars accelerate, lift retail sales

By Yao Jing | China Daily | Updated: 2013-07-12 07:38

Sales of second-hand cars accelerate, lift retail sales

Second-hand cars for sale in Yichang, Hubei province. According to the Ministry of Commerce, more than 90 percent of used car sales are struck privately or through brokers. Provided to China Daily

Although new car sales have been slowing in China since 2011, used car sales are picking up speed and providing momentum to overall retail sales.

Sales of second-hand cars accelerate, lift retail sales

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