Ministry of Industry and Information Technology Minister Miao Wei recently said in an interview with the media that Chinese auto exports have increased by 50% last year to 824,000 vehicles, which has exceeded the level before the financial crisis and will achieve the goal of breaking 1 million vehicles within a year or two.
Miao Miao said that in the 30 years before China’s automobile development, it was mainly sold in the domestic market, and before the financial crisis in 2008, the number of cars exported had reached 540,000. After the financial crisis, due to the influence of the international market, the export volume of automobiles has been reduced. “It is very gratifying that last year, apart from returning to the financial crisis, even more than that, we exported a total of 824,000 vehicles of various kinds, an increase of 50 percent from the previous year's exports. Above%, this is a very encouraging start."
Miao Wei said that as more companies "go out", with the further maturity of the product, as the market continues to expand, China's cars will certainly be able to occupy a place in the world's auto market. "I think that the goal of more than one million may be realized within the next one to two years."
Accelerating the internationalization strategy has become the common aspiration of the major domestic auto makers. In the current slowdown in the domestic auto market, this appeal is even more urgent. On the whole, last year China’s auto exports accounted for only 4.5% of total output, ranking very low in the global countries.
According to the statistics of China Automobile Industry Corporation, the export of automobile manufacturers, the export of automobile enterprises in February was 61,200 units, an increase of 8.7% from the previous period and a year-on-year increase of 41.1%. The exports in January-February were 117,500 units, a year-on-year increase of 23.5%. Automobile exports have maintained steady growth.
According to the latest data released by the European Business Association in recent days, sales of Chinese brand cars in Russia increased significantly year-on-year in February this year. In the same month, Geely Automobile sold 1003 vehicles, a year-on-year increase of 414%; Chery Automobile sold 1,097 vehicles, an increase of 276%; Great Wall Motor sold 906 vehicles, an increase of 120%. Analysts pointed out that the major factor in the increase in the sales volume of Chinese branded cars was the low base of the same period last year. According to statistics, in 2011, sales of Russian cars and light commercial vehicles were 2,653,400, an increase of 39% over the previous year. The European Business Association predicts that Russia will sell 2.8 million cars of this type this year.
With the development of domestic self-owned brand cars, more car manufacturers are accelerating their expansion into the international market. If Geely increased its export efforts last year, it achieved a 76% increase in exports. In addition to the current main export forces such as Chery and Great Wall, domestic large groups such as Dongfeng also initiated an international strategy as a whole. China's auto exports have triggered the national car companies to issue the "China threat theory." However, in the future, automobile exports must reach a larger scale, still rely on many domestic joint venture car companies, and can become the global export base for international manufacturers.
Miao Miao said that in the 30 years before China’s automobile development, it was mainly sold in the domestic market, and before the financial crisis in 2008, the number of cars exported had reached 540,000. After the financial crisis, due to the influence of the international market, the export volume of automobiles has been reduced. “It is very gratifying that last year, apart from returning to the financial crisis, even more than that, we exported a total of 824,000 vehicles of various kinds, an increase of 50 percent from the previous year's exports. Above%, this is a very encouraging start."
Miao Wei said that as more companies "go out", with the further maturity of the product, as the market continues to expand, China's cars will certainly be able to occupy a place in the world's auto market. "I think that the goal of more than one million may be realized within the next one to two years."
Accelerating the internationalization strategy has become the common aspiration of the major domestic auto makers. In the current slowdown in the domestic auto market, this appeal is even more urgent. On the whole, last year China’s auto exports accounted for only 4.5% of total output, ranking very low in the global countries.
According to the statistics of China Automobile Industry Corporation, the export of automobile manufacturers, the export of automobile enterprises in February was 61,200 units, an increase of 8.7% from the previous period and a year-on-year increase of 41.1%. The exports in January-February were 117,500 units, a year-on-year increase of 23.5%. Automobile exports have maintained steady growth.
According to the latest data released by the European Business Association in recent days, sales of Chinese brand cars in Russia increased significantly year-on-year in February this year. In the same month, Geely Automobile sold 1003 vehicles, a year-on-year increase of 414%; Chery Automobile sold 1,097 vehicles, an increase of 276%; Great Wall Motor sold 906 vehicles, an increase of 120%. Analysts pointed out that the major factor in the increase in the sales volume of Chinese branded cars was the low base of the same period last year. According to statistics, in 2011, sales of Russian cars and light commercial vehicles were 2,653,400, an increase of 39% over the previous year. The European Business Association predicts that Russia will sell 2.8 million cars of this type this year.
With the development of domestic self-owned brand cars, more car manufacturers are accelerating their expansion into the international market. If Geely increased its export efforts last year, it achieved a 76% increase in exports. In addition to the current main export forces such as Chery and Great Wall, domestic large groups such as Dongfeng also initiated an international strategy as a whole. China's auto exports have triggered the national car companies to issue the "China threat theory." However, in the future, automobile exports must reach a larger scale, still rely on many domestic joint venture car companies, and can become the global export base for international manufacturers.
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