China's commercial vehicle production, sales soar in March

The production and sales of China's commercial vehicles hit record highs in March, data from the China Association of Automobile Manufacturers showed, according to The Xinhua News Agency reports.

The country's commercial vehicle output stood at 579,000 units last month, surging 55.2% year on year, while sales of the vehicles jumped 68.1% to 651,000 units, according to the association.

In the first quarter of the year, the output of these vehicles topped 1.39 mln units, up 76.9% year on year and rising 26.1% from the same period of 2019.

During the January-March period, over 1.4 mln commercial vehicles were sold, soaring 77.3% year on year and registering a 26.9-percent growth from the same period of 2019.