According to the latest data released by the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, in 2020, the profit of the automobile manufacturing industry ended the rapid decline in the previous year, showing a slight year-on-year growth, and the growth rate was slower than that in January-November. In 2020, the automobile manufacturing industry realized a total profit of 509.36 billion yuan, a year-on-year increase of 4.0%, and the growth rate was 3.2 percentage points slower than that from January to November, accounting for 7.9% of the total profit realized by industrial enterprises above designated size.