'25 Million City' Shanghai Records '0 Cars Sold' in April
[Asia Economy Reporter Kim Hyunjung] In Shanghai, China's "economic capital" with a population of over 25 million, no vehicles were sold last month. The cause is the city lockdown due to COVID-19.
On the 16th (local time), Bloomberg News cited the announcement from the Shanghai Automobile Sales Association (SASA), reporting that not a single vehicle was sold in Shanghai in April. This is a sharp decline compared to the 26,311 vehicles sold in April last year.
According to a prior announcement from the China Passenger Car Association (CPCA), nationwide automobile sales in April were 1.06 million units, a 36% decrease compared to the previous year.
Shanghai has imposed a six-week city lockdown due to a rapid increase in COVID-19 cases and is currently on the verge of easing the lockdown. However, about 980,000 Shanghai residents remain under the strictest level of lockdown, unable to leave their apartments.
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Additionally, the news agency reported that passenger traffic at China Pudong International Airport has dropped by approximately 99% compared to the previous year.
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