China is aiming for 32.3 million vehicle sales in 2025, slightly below the 32.9 million projected by the China Association of Automobile Manufacturers. This is part of a plan to support stable growth in the auto sector, with a target of 15.5 million sales for new energy vehicles. The plan also includes approval for Level 3 autonomous vehicles and efforts to enhance road safety and regulations. Measures to strengthen fair competition and crack down on false marketing in the automotive sector are also part of the plan.

Read more at Yahoo Finance: China sets 2025 auto sales target below association forecast, vows tighter regulation