The latest data from the Passenger Car Association shows that during the January-October period this year, 5,772,559 passenger cars were sold in China, representing a year-on-year increase of 48.5%. According to reports, among many passenger car models, the small displacement models of below 1.6L have successfully captured a large market share under the guidance of policies such as the fuel tax reform and this year's purchase tax reduction. Entering December, the purchase tax reduction policy which was implemented at the beginning of the year...