No, the cheapest car in China is the ChangAn Benben Mini which costs at least 29.900 RMB/4379,72 USD, followed by the Chery QQ3 (30.800 RMB/4511,55 USD): http://db.auto.sohu.com/a00.shtml
You may can consider buying a used car? http://www.9che.com/demand/list_demand.php

You may can consider buying a used car? http://www.9che.com/demand/list_demand.php