By 2020 China's demand for automobiles is expected to reach 20.74 million units and the total number of cars will top 156 million, according to government predictions based on an 8% GDP growth rate.
China produced 4.44 million autos and sold 4.39 million last year, a net increase of over 1.1 million for both, or a yearly rise of 35.2% and 34.21% respectively.