Government thinks China will export some cars this year!
In news everyone already knew:
CHINA’S vehicle exports may increase at least 46 percent this year as car makers manufacture more sedans and trucks.
Auto shipments will exceed 500,000 units in 2007, the Ministry of Commerce said in a statement on its Website on Saturday, quoting Minister Bo Xilai at a meeting with the nation’s car exporters. Last year, overseas sales doubled to 342,400 units, customs data showed.
China has more than tripled automobile output and sales since joining the World Trade Organization in 2001. Last year, it surpassed Germany as the world’s third-largest vehicle maker.
The nation has designated eight port cities, including Shanghai, Tianjin and Xiamen, to serve as the country’s main automobile and component export centers.
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