| |
 |
| China
Aims to Export 120 bln dollar of Vehicles in 10 years |
| |
China aims to lift
the value of its vehicle and auto parts exports to 120 billion U.S. dollars, or
10 % of the world's total vehicle trading volume, in the next 10 years, said Vice-Minister
of Commerce Wei Jianguo here Monday.
Over the past few years, China's
exports of vehicles and parts have grown rapidly. In 2005, exports reached 10.9
billion dollars, an increase of 34 % on the previous year, the official said.
Currently, he noted, China's exports of vehicles and auto parts made
up only 0.7 % of the world's total vehicle trading volume.
Last August,
the ministry approved 160 vehicle and auto parts producing enterprises in eight
cities as export-oriented enterprises, said Wei.
It also announced that
it would set up a vehicle interior and spare parts joint venture with US-based
Johnson Controls Inc.
|
|  |
| |
|
