Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 08:19, March 15, 2006
China's automobile imports more than double in first 2 months
font size    

China's automobile imports more than doubled to 29,000 units in the first two months of this year at lower import costs, the General Administration of Customs said on Tuesday.

Shipments through the Huangpu Customs of Guangdong, a bustling coastal province in south China, reached 4,903 units, a 1.2 fold increase over the previous year, the agency said in a monthly report.

The import of sedans and off-road vehicles with a displacement of more than 2,500 milliliters surged 90 percent to 3,211 units, accounting for nearly two-thirds of the total.

Customs officials say lower auto tariffs, which were phased in as a commitment by the government to the World Trade Organization, and the drop in import costs, caused by the rising value of the renminbi, contributed to the surge.

Additionally, auto dealers rushed to import products to save costs ahead of a possibly sharp rise in auto consumption tax.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Vietnam imports fewer automobiles in first two months

- Auto imports increase, oil imports decrease

- Vietnam permits used car imports from May

- China to cut tariffs on 100 categories of imports in 2006


Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved