China to launch auto exhibition in Vietnam, Cambodia

Flag handover ceremony for the exhibition tour.

During the three years after China's entry into the World Trade Organization, the national auto industry has been going upward with exports outrunning imports, said Zhang Xiaoyu, vice president of China Machinery Industry Federation.

Zhang made such remarks at a flag handover ceremony for the 3rd Mudan Cup China International Auto Exhibition Tour to be launched in January 2005 in Vietnam and Cambodia.

Experience shows that tour exhibition in neighboring countries is a better way to promote the "going out" campaign of China's auto industry, said Zhang.

Lu Kejian, Deputy Director of Dept. of Asian Affair under China's Ministry of Commerce.

The buses and motorcycles that are touring Vietnam and Cambodia in January will be the first batch of Chinese machinery products into the two countries after Sino-ASEAN goods trade agreement.

The previous two exhibitions jointly held by China Machinery Industry Federation and China Council for the Promotion of International
Trade (CCPIT) etc., have played a positive role in boosting the popularity of national brands in foreign markets: it was after the exhibition in 2003 that the products of China FAW Group Corporation, Dongfeng Auto Corporation, Mudan Automobile Group, Zhongxing Automobile and Jianghuai Automobile Co. Ltd etc. entered the market of Vietnam in batches.

Li Jianning, Director of Promotion and Publication Center of CCPIT.

The third exhibition was named after Mudan Auto Group, which has made marked achievement after it extended its businesses into large buses. Mudan locked a sales volume of RMB 63 million overseas, 23.6 percent higher than the same period last year. Mudan will introduce in the exhibition tour top-notch touring buses along with new types of environment-friendly buses.

The exhibition will be of much significance for the nation's auto industry in present and future markets overseas: Vietnam, Cambodia, Egypt, Mongolia, Bangladesh and Iran, said Lu Xin, President of Mudan.

China's motor industry has witnessed rapid growth overseas: China is now taking up 7 percent of the global auto market. It is expected that China's auto output will hit 10 million or 16 percent of the world's total, in 2010 presumably at an annual rate of 10 percent, and top 14 million or a 20-percent share in 2020.

By People's Daily Online