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China sold 1.97 million cars in July, a five-month low, and the situation is not expected to improve soon, according to the country's leading industry association.
China released a string of economic indicators for the first half of the year on Monday. Data showed China's economy expanded at a faster-than-expected 6.9 percent year-on-year in the first six months of 2017. Indicators related to people's livelihoods, such as jobs, income and CPI were also bright spots. Particularly, the growth of resident income exceeded GDP growth. Experts predicted that China's economy is set to remain stable during the second half of 2017.
China joined the UN TIR Convention in July 2016 to simplify and streamline the administrative formalities of international road transport.
China will be a pivotal market in the process of the global auto industry's electrification, said industry insiders.
China stands on the side of the UN and the right side of history, he said, noting that history cannot go back to the days when the law of the jungle prevailed.
来源：资阳报