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Do More Think about Auto Industry Recovery in China

2009-12-24    

News from China Customs statistics show that China"s automobile exports have begun to recover. In order to better development in the future, Chinese auto companies need to shift their focus from sales volumes to long term planning.

 

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Some Hebei auto export companies say their overseas business has recovered since August in 2009. Some auto companies" export volume hit 34 million US dollars recently, up nearly 30 percent month-on-month. However, some domestic auto companies express their concern that the recovery may ignite disordered competition in overseas market.


So far, China-made vehicles have been exported to more than 200 countries and regions in the world. Nearly 50 percent autos are exported to 20 countries and regions. A large number of Chinese auto companies will meet fierce competition between them. Auto experts believe that seeking another new market is the best way to tackle disordered competition.