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Growth Speed, China's Vehicle Exports in Q1

01-06-2007

From January to March of this year, the total import and export value of China's vehicles hit US$13.361. The total value of imports has increased by 18.46 percent and the total value of exports has increased by 36.3 percent. Meanwhile, the growth speed and total value of China's auto vehicle exports all exceeded the total value and growth speed of imports.

In particular, from January to March of this year, China's vehicle exports and the value of earned foreign exchange continue to grow substantially. During this period, Vehicle exports totally hit 99,800, increased 59.3percent than the same period of last year; total foreign exchange earned through exports goes up 71.82 percent than the same period of last year.

In the vehicle exports, the export value of sedans has gone up by 48.9 percent and the total export of trucks is up by 39.54 percent, than during the same time period last year. China exports 1.8 times more passenger cars now, than during the same period of time last year. Meanwhile, exports of engines and auto parts have become the main source of earning profits from foreign trade.



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