Cui Dongshu, secretary‑general of the CPCA, said in a May 2026 segment analysis
that China’s macro growth remains robust and national auto demand is strong,
supported by state consumption‑promotion policies. He flagged a clear recovery
in trucks and buses that qualify for high subsidies. The commercial‑vehicle
market is showing structural growth driven by equipment‑renewal subsidies; newly
implemented high subsidies for commercial vehicles are accelerating
electrification in logistics and transport and keeping commercial‑vehicle
sentiment elevated.
