China
will only allow authorized manufacturers to engage in automobile exports next
year in an effort to raise quality.
The announcement came after China
made public its plans two weeks ago to establish eight auto export manufacturing
bases which cover 160 auto and auto parts makers.
Manufacturers that
had only nominal exports or failed to guarantee their product quality or provide
solid after-sale service would be banned from automobile exports to prevent further
damage to the reputation of China's car industry.
About 600 of the 1,025
export-oriented manufacturers had annual vehicle export of less than 10 units.
With an annual growth rate of more than 100 % since 2003,China's auto
exports topped 10 billion U.S. dollars last year to become a new growth aspect
of the country's foreign trade.
The qualification criteria will probably
be put to effect next year.
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