In order to cope with the international financial crisis, from January 1 to December 31, 2009, the purchase tax for passenger cars with a displacement of 1.6 liters and below will be halved. More than 8 months have passed. According to the automobile production and sales situation report just announced by the China Association of Automobile Manufacturers: In August 2009, automobile production and sales in China reached 1,140,700 units and 1,138,500 units respectively, increasing by 2.62% and 4.71% respectively compared to last month, and increasing by 86.10% and 81.68% respectively compared to the same period last year, maintaining a high level overall. Automobile production and sales in China have remained at the 1 million-unit level for six consecutive months. Automobile consumption has played an important role in stabilizing domestic demand. Recently, there have been calls to retain the policy of halving vehicle purchase tax or expand the scope of vehicles covered by the halving policy.