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China expected to export 600,000 vehicles this year
Shanghai. November 5 (Gasgoo.com) – In the first nine month this year, China exported 413,379 vehicles, up 63.9 percent from a year earlier, according to official statistics. Total value of these exports amounts to $4.79 billion, up 117.22 percent from one year earlier.
It is expected that China will exported 600,000 vehicles this year, up 50 -60 % from last year, Guangzhou Daily said.
Total value of China’s all automobile imports (including both completely-built vehicles and auto parts) of this year is expected to reach $1.91 billion, and exports is expected to reach $2.95 billion, the report said.
In the first nine months, China’s export of passenger vehicles reached 237,000 units, up 99.1 percent while the imports of commercial vehicles reached 176,000 units, up 44.8 percent from one year earlier.
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