Home / Business / Auto Tools: Save | Print | E-mail | Most Read | Comment
China's auto exports decline for 12 consecutive months
Adjust font size:

China's auto exports have declined for 12 consecutive months since August last year because of a big contraction in the international auto market due to the financial crisis.

Starting from the second half of last year, China's foreign trade experienced a sharp decline, with auto exports from January to July plunging 56.9 percent to 191,000 units, compared to the same period last year, said Commerce Ministry official Zhou Ruojun Tuesday.

China's January-August exports this year were also down 22.2 percent to 730.74 billion U.S. dollars.

Zhou said China's auto exports were facing an increasingly tougher situation as there was an apparent rise of protectionism in international trade during the period.

But there were also quality and after-sale service problems frequently found in China-made autos in overseas markets, said Zhao Hang, President of China Automotive Technology and Research Center (CATRC).

He said one important reason was domestic auto exporters lacked knowledge about overseas demand, government policies, regulations, and certification.

To help auto makers gain correct information about major overseas auto markets, the CATRC launched a training session in Beijing Tuesday attended by 12 domestic auto and parts makers.

(Xinhua News Agency September 22, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- Auto export slows down in 2008
- Boost to auto export
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?