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China has 22 million private cars

By Published on .

The number of privately-owned cars on the road in China rose 18.8% last year to 22 million. New car sales surged 25% to 7.22 million in 2006, in year-on-year sales, 60% of which were purchased by individual buyers, rather than companies and government offices. Even so, there are only three cars for every 100 Chinese, compared to the global average of 12.
Source: Xinhua News Agency
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