Sales of automobiles in China have risen by over 20% as a result of the recent set of tax incentives and the stimulus package introduced by the government.
The rise - the first in four months - indicates that the slump felt by the auto industry amid the economic downturn may finally be coming to an end.
The government set about stimulating growth in the industry by reducing the purchase tax levied on small-engined cars, by half, and by reducing toll-road tariffs.
Experts also believe that much of the increase in sales can be attributed to the introduction of the government's recent CNY4 trillion (USD584bn) economic stimulus package, which they believe has boosted consumer confidence.
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