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Consumption vouchers give a boost to Beijing's auto market

Updated: Feb 26, 2025 By DU JUAN chinadaily.com.cn Print
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Beijing sees a boost in its automotive market due to its auto consumption voucher program, which has driven the city's vehicle sales and regional economic growth. [Photos provided to chinadaily.com.cn]

At a Xiaomi Auto exhibition in a shopping center in BDA, a large number of consumers have been lining up to test-drive. The company said that the consumption vouchers have significantly boosted consumer enthusiasm for vehicle purchases during the Spring Festival, with a month-on-month growth rate of 15 percent.

Other automakers have also noted a substantial increase in orders compared to usual periods. They attribute this surge to the impact of the consumption vouchers, which have effectively heightened consumer willingness to purchase vehicles.

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