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China has unveiled a two-year work plan to stabilize growth in the auto sector, targeting sales of approximately 32.3 million vehicles in 2025 — up around 3% year-on-year, according to Xinhua. The plan, jointly issued by eight government departments including the Ministry of Industry and Information Technology, projects sales of new energy vehicles (NEVs) to reach around 15.5 million units in 2025, marking a year-on-year increase of approximately 20%. Other targets include steady growth in auto exports and a 6% rise in the added value of the auto manufacturing industry in 2025. By 2026, the industry is expected to sustain robust growth, with improved efficiency, quality, and scale. According to the latest data from the China Association of Automobile Manufacturers (CAAM), total vehicle sales rose 12.6% in the first eight months of 2025, while NEV sales surged by 36.7%.