| 05-12-2007
Statistics
show that automobile import and export keep good performance this year while import
and export volume is decreasing. Figures from China Association of Automobile
Manufacturers on 4 December show automobile import and export volume in October
keeps a downward trend compared with same period last year, of which import volume
reached 1.931 billion US dollars, decreasing 15.70% compared September but earning
foreign exchange through export 3.579 billion US dollars. Due to rapid growth
of the global auto market, total automobile import and export volume in first
nine months is approaching the volume of last whole year. It
is understood that the total amounts of auto import and export has attained 52.938
billion US dollars, of which total imports volume reached 20.486 billion US dollars,
increasing 20.02% year-on-year. According to analysis of China Association of
Automobile Manufacturers, although little decline of auto imports in October,
total automobile import and export volume and amounts in first ten months both
surpassed the last whole year. The import volume of auto parts, components and
body have reached 10 billion US dollars. About auto export, the amount of sedan,
Truck and bus adds up to 400,000 units. The foreign exchange created through export
of engine, auto parts etc. are becoming more evident. Editor
James Yin from Chinabuses.com
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