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09-07-2007
As
more Chinese auto manufacturers enter the Russian
market, China should intensify its management
of car exports, said Fu Peizhao, deputy secretary-general
of the auto department under the China Chamber
of Commerce for Import and Export of Machinery
and Electronic Products.
Statistics show that there were 153 Chinese
enterprises engaged in auto exports to Russia
last year. Among them, only 37 companies or
24.2 percent each made revenues of more than
US$1 million from exports in 2006, and export
revenues and volumes of the other 116 enterprises
combined made up less than five percent of the
total.
As a result of China's efforts to regulate the
auto export market, the number of export enterprises
to Russia was cut to a total of 68 in the first
four months of this year. About 30 are large-scaled
ones which exported autos worth over US$1 million
in the period.
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