The Zhitong Finance app learned that auto stocks rose in the afternoon. As of press release, Great Wall Motor (02333) rose 7.88% to HK$22.6; Dongfeng Group shares (00489) rose 3.09% to HK$7.36; BYD shares (00305) rose 3.09% to HK$7.33; and Guangzhou Automobile Group (02238) rose 2.1% to HK$7.28.

According to the news, the government work report said that consumption will be stabilized and expanded. Increase residents' income through multiple channels. Improve the circulation system in urban and rural areas, speed up e-commerce and express delivery to rural areas, and expand consumption in counties and villages. Steadily increase bulk consumption of automobiles, household appliances, etc., lift unreasonable restrictions on used car transactions, increase facilities such as parking lots, charging stations, power exchange stations, etc., and speed up the construction of a power battery recycling system.