In the first half of this year China's GDP growth was 6.7 percent over the same period of last year. The real estate property market is driving the growth of China's economy, with their sales in the first half of this year increased by 42.1 percent over the same period of last year. Passenger vehicle sales in the first half of this year have increased by 11.5 percent over the same period of last year. China sold over 10 million vehicles in the first half of this year and in June alone China sold more than 20.6 percent of passenger vehicles than the same month of last year, the highest growth record in 2016.
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