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17-08-2007
Recently,
with the invitation of Mexico State Commercial
Association and the Mexico's Economic and Trade
Association, a business delegation that led
by Mr. Li Ren, the vice chairman of CPPCC of
Jiangsu Province and the chairman of Jiangsu
Commercial Union Association, visited Mexico
for commercial investigation for one week. Mr.
Xu Liankuan, the president of Zonda Group and
the vice chairman of Jiangsu Commercial Union
Association, accompanied with the delegation
to facilitate the cooperation between Zonda
bus and the Mexico's enterprises.
During
the trip in Mexico, the delegation successfully
held meetings with the leaders from the Ministry
of Foreign Affairs of Mexico, Mexico State Commercial
Association, Economic & Trade Association
and Automobile Industry Association respectively.
Under the support of the Minister of Economic
Department Mr. Eduardo Sojo Garza Aldape, Zonda
Group made an overall research and evaluation
on the project of setting up joint venture with
Mexico partners for annual output of 2000 middle
& large luxury buses by referring the market
research report that provided by the Investment
and Trade Association. Through the business
investigation and further discussion with Mexico's
partners, two parties are planning to invest
20 million US dollars in Mexico to set up a
bus assembly factory with an annual output of
2000 buses by the end of 2007, which will greatly
boost the cooperation with Mexico.
Zonda
buses have been exported to more than 40 countries
and regions, including Jordan, Vietnam, Russia,
Cameroon in the ASEAN, Middle East, Africa,
Latin America and Europe. In order to further
upgrade the competitive advantages, reduce the
transportation cost, seize the developing opportunities
of international bus market, and accelerate
the programming of internationalization, overseas
cooperative assembled bus has been become the
only way for Zonda bus to enter into the international
market. Setting up an assembly factory in Mexico
can not only cut down the logistics and tariff
cost, but also avoid tariff and trade barrier.
It is estimated that the overall expense for
single bus may be reduced by over 20%. Zonda
bus is planning to fully take the advantage
of Chinese low-cost raw and auxiliary materials
to realize the scale and intensive production,
and cut down the cost to the maximum by taking
Mexico's regional advantage. At the same time,
Zonda can launch new models on time on the basis
of local market changes and customer's demand
to realize mass production to satisfy the needs
of Mexico and Latin American market.
Editor:Ida.Zhang
from Chinabuses.com
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