China Automobile Association: in July, automobile production and sales completed 2.455 million and 2.42 million respectively, down 1.8% and 3.3% respectively from the previous month, and an increase of 31.5% and 29.7% respectively over the same period last year. Although the monthly production and sales volume is lower than last month, but it is the highest in the same period of the previous year, the overall judgment is that the current situation of the industry development is good, and is expected to continue.