Statistics from Customs
show that in the first quarter of 2005, a total of 840 Chinese
enterprises engaged in automobile export, an increase of 110 percent
year-on-year, according to report by Beijing Morning Post.
However, only two of them, the China First Automobile
Group Import & Export Corporation and the following Great
Wall Motor Company Limited, realized an export value of US$10
million.
In the year 2004, 1,114 Chinese enterprises conducted
auto export, 58 percent more than in 2003. Exports topped US$20
million in six companies. The top five are China First Automobile
Group Import & Export Corporation, Hafei Motor Co., Ltd. Great
Wall Motor Co., Ltd., Chery Automobile and Beiqi Foton Motor Co.,
Ltd.
11 companies realized exports between US$10
million and US$20 million and 45 companies between US$3 million
and US$10 million.
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