China's Car Ownership Hits 52.9 per 100 Households by End-2025 as Smart Manufacturing Surges

Data released by the National Bureau of Statistics on January 19 showed that by the end of 2025, China had 52.9 passenger vehicles per 100 households, an increase of 1.7 vehicles compared to the end of the previous year. Driven by policies promoting trade-ins of consumer goods, high-efficiency home appliances, smart home devices, and mid-to-high-end digital products have rapidly entered households. Meanwhile, large-scale equipment renewal policies have accelerated industrial upgrading: in 2025, the value-added output of designated-size equipment manufacturing grew by 9.2% year-on-year, accounting for 36.8% of total industrial output—an increase in its share. Notably, value-added output in the intelligent unmanned aerial vehicle manufacturing sector surged by 57%, while that of intelligent vehicle-mounted equipment manufacturing rose by 26.2%. Output from integrated circuit and optoelectronic device manufacturing also increased by 26.7% and 18.8%, respectively. More Chinese companies are emerging in cutting-edge fields such as large AI models, quantum technology, and embodied intelligence.