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Public vehicles in use in China rose to 49.85 mln

Ally From Gasgoo.com| March 23 , 2007 14:00 BJT
  • Reports from National bureau of Statistics of China showed public vehicles in use in China comes to 49.85 million (including 1,399 tricycles and low-speed trucks), an increase of 15.2% compared with that of the same period a year ago; private vehicles in use were 29.25 million, up 23.7%.
  • Public sedans in use climbed by 15.2% to 15, 45 million units, of which private sedan rose 33.5% to 11, 49 million units.
  • The growth of private sedans and private vehicles exceed that of sedans and vehicles in use by 6.3% and 8.5%, respectively.
  • The electromechanical products export and import value climbed by 28.8% and 22.1% to $549,4 billion and $42,77 billion respectively, of which auto export foreign exchange earnings were $28,14 billion, up 42.8%;
  • Import exchange consumptions were $20,88 billion, up 36.3%. This ascension far outstripped the 13.9% and14.2%growth of electromechanical products, showing a positive development momentum for China auto import and export.

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