In
the first half of 2006, the number of China's automobile exports continued to
grow rapidly, especially car exports, which have already exceeded 2005's total.
In the first half of the year, China exported 148 thousand vehicles,
an increase of more than 100% from the same period last year and the value of
those exports has grown by 110 %, according to the Chinese Association of Automobile
Manufacturers. China has now exported 34,500 cars, an increase of 260
%; exports have grown by 44.5 % and passenger vehicle exports have climbed by
74 %. In fact, all foreign trade in automobile-related industries has
developed rapidly in the first half of this year. China trades mostly with developed
European and American countries. The United States is China's biggest trading
partner and China's income from automobile-related exports to them has increased
by 39.2 %. Japan is China's second largest trading partner and the Republic of
Korea is the third largest. Canada, Germany, Iran, Turkey, Holland, the United
Arab Emirates and Italy are also among China's ten largest trading partners.
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