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21-05-2007
With
the rapid economic development in China and
the upcoming Beijing Olympic Games, China bus
manufacturers are all preparing to compete at
a higher level.
Some like HIGER, Yutong and KingLong are going
to upgrade their parts and accessories, and
production lines. HIGER and Yutong is also keen
on further developing the Russian bus market.
Other bus makers are turning to enhance their
variety of products.
Mudan Automobile Shares Company Limited and
Henan Shaolin Auto Co Ltd, which both the topped
of the Chinese medium bus market with an annual
increase of 30 percent, will enter the intercity
and touring coach market.
Shaolin
Auto also completed the first period of its
coach-making project, which cost one billion
yuan (US$130.2 million), and has an annual production
capacity of 3,000 coaches. After completing
this entire project next year, Shaolin hopes
its total product value will rise to 1.5 billion
yuan (US$195.35 million) per year.
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