China
aims to increase exports of automobiles and automobile parts to 70 billion U.S.
dollars by the end of 2010, said an official with the Ministry of Commerce.
In the first half of 2006, China exports to 207 countries and regions,
From 2000 to 2005, China averaged 40 % growth in auto and auto parts export
volume per year, with exports of complete vehicles growing at a rambunctious 70
% per year.
Last year, the country's compelte auto and auto parts exports
hit 10.9 billion dollars, up 34 % on the previous year.
However, to put
this impressive growth into perspective, it needs to be remembered that China's
market share in world automobile and automobile parts exports is less than 1 %.
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