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China auto parts exports hit $1.79 billion in the first ten months, up 30 percent

Tony From Gasgoo.com| November 30 , 2007 17:48 BJT

Shanghai. November 30 (Gasgoo.com) – In the first ten months of the year, China exported a total value of 13.25 billion yuan ($1.79 billion), up 30 percent from one year earlier, according to a report posted on the official web of Ministry of Commerce.

The total value of auto parts exports in the first nine months this year has reached the amount of the whole last year, the report said.

Global auto giants like Chrysler, BMW and Toyota has recently unveiled plans to increase their China sourcing targets. The product line-up that global auto giants are purchasing in China have expanded to include electronic system, chassis and engines in recent years.

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