| 03-04-2008
According to relevant statistics, China exported 61,400 autos in January this year, down 23.02 percent year-on-year while the export revenue hit 0.75 billion US dollars, drop 24.59 percent year-on-year. A relevant China bus manufacture personnel told reporter both China auto products' price advantage and export profit are decreasing due to China currency yuan's appreciation. Meanwhile, overseas exploration for most China bus enterprises is in the initial stage which propels them to turn to domestic market. Moreover, International regulations on environmental protection, energy-saving and safety also raised higher requirements for China bus manufacturers.
In addition, manufacturing materials price hikes recently increased the manufacturing costs of China bus enterprises.
Nevertheless, such unfavorable factors could not stop some china bus manufacturers explore overseas market. A newly example showed China Foton Motor Company signed an order to export 330 units coaches to Africa country Angola. The total contract cost of 31.342 million US dollars.
Analysts advised that in terms of experiences before, China bus export need to figure out problems like after-sales service which are highly emphasized by overseas market.
Editor: James Yin from Chinabuses.com
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