China's small auto
makers are aiming high in their export goals this year based on
their steady overseas business expansion over the past year, the
China Automobile newspaper has reported.
The paper said China's export of automobiles developed
and manufactured by the small auto makers is increasing rapidly
over the past year. In the first 11 months of 2004, China exported
117,400 self-manufactured vehicles, up 187 percent over the same
period of the previous year.
In 2004, China exported 9,335 cars, an increase of
227 percent over 2003, a record high, the trade paper said.
The automobiles exported are mainly manufactured
by China's small auto makers, such as the Chery Automobile Company
Ltd. in east China's Anhui Province, which exported more than
6,000 whole vehicles to Syria, Iraq, Iran and Egypt last year.
Another private car maker, the Geely Group, exported
4,846 vehicles to 29 countries and regions in the Middle East,
North Africa, South and Central America in 2004.
The Hebei Zhongxing Automobile Co. Ltd exported 6,318
vehicles last year to Egypt, the United Arab Emirates and Vietnam.
This is how China's small auto makers seek to survive
in the fierce competition with the auto giants at home.
According to statistics, China's five top auto makers
sold about 3.5 million vehicles in 2004, making up 68.8 percent
of the country's total auto sales. This left little room for the
small auto makers to develop.
Chen Zhenhua, vice executive president of the Zhongxing
Automobile Co. Ltd, said the fierce competition in the domestic
auto market forced the small auto producers to try to open new
markets overseas.
He predicted that the small auto makers would step
up their overseas business expansion this year.
The Chery Automobile Company Ltd plans to export
50,000 automobiles this year. The Geely Group aims to export two-thirds
of its manufactured vehicles.
Meanwhile, the Ministry of Commerce has also worked
out policies to encourage auto makers to export vehicles and spare
parts by giving them support in loans and export credit.
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