More than 190 million people own cars in China and the total number of vehicles in the country stood around 280 million, official data released today showed. The Ministry of Public Security said 6.18 million cars were newly-registered in the third quarter, marking a 24.2 per cent growth year-on-year. From January 1 to September 30, the country saw a total of 19.19 million new cars registered, a 14.6 per cent increase compared with the same period in 2015, it said adding that car ownership reached 190 million by the end of last month. According to the ministry's statement, there are 47 cities that have car ownership of more than 1 million, and in 16 cities, such as Beijing, Shanghai and Chongqing, car ownership exceeds 2 million. As of the end of September, China has 350 million licensed car drivers, with about 28.31 million people gaining a driving license this year, the statement said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)