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China set for 30 million cars by 2015

China is forecast to make 30 million cars by 2015 and account for 30 per cent of the world market.

This is the view of Liu Jincheng of SinterCast Trading (Beijing) Co. Ltd who notes that in 2013, car production and sales amounted to 22,116,800 and 21,984,100 vehicles respectively. The figures show an increase of 14.8 per cent and 13.9 per cent respectively compared to the previous year and account for 25 per cent of the world share.