Subsidy car boom to slow

Vehicle sales in 2016 see biggest rise in three years

China's passenger vehicle sales last year saw their fastest growth since 2013, but analysts said the momentum will not continue this year.

Statistics from the China Passenger Car Association showed that dealers sold 23.9 million sedans, SUVs and MPVs in 2016, a 15.9 percent rise year-on-year, more than double the estimates of several industry organizations, including the China Association of Automobile Manufacturers, made at the start of the year.