The world economy is recovering, but unfavorable factors are also increasing. For example, the overall debt ratio has increased and the global debt risk has increased; unilateralism and trade protectionism have occurred from time to time; the currency depreciation of emerging countries has slowed down the growth of the world economy; the International Monetary Fund has reduced the global economy in 2019 Growth expectations, etc.

 

　　At the same time, the domestic economic situation is also changing. In general, the domestic economy is progressing steadily. It is worth noting that the year-on-year growth rate of gross domestic product (GDP) in the third quarter of this year fell to 6.5%, the lowest GDP growth rate since the outbreak of the international financial crisis in 2008; the growth rate of foreign trade exports fell to the lowest in 20 years; boosting the economy The growth of domestic demand is insufficient, such as the slowdown in investment and consumption growth; some localities and enterprises are not adapting to innovative development, reducing debt, and raising environmental standards and encounter difficulties; stocks, bond markets, and foreign exchange markets have experienced certain fluctuations.

 

　　Affected by the international and domestic macroeconomic situation, the domestic automobile market is not busy during the peak season: cumulative car sales in the first 10 months of 2018 fell by more than 2% year-on-year; sales in September and October fell by more than 13% year-on-year.