Automotive finance market size in China 2011-2019

Published by
Daniel Slotta,
Sep 7, 2023
China's automotive finance industry reached a market size of 1.66 trillion yuan in 2019, increasing by around 300 billion yuan compared to the previous year. Compared to automotive leasing, automotive finance is much more popular among Chinese car owners.

Market size of automotive finance in China from 2011 to 2019 (in billion yuan)

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Release date

February 2021

Region

China

Survey time period

2011 to 2019

Supplementary notes

One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of January 2022).

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