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China's auto exports rising fast
( 2003-09-27 22:03) (Xinhua)

China's exports of vehicles grew by 232.2 percent year-on-year to reach 239 million US dollars in the first eight months of this year, according to the General Administration of Customs.

This included 18.52 million US dollars from sedans, 8.46 million from off-road vehicles, 9.29 million from minibuses, 28.73 million from buses, 76 million from trucks, and 83.82 million from special-purpose vehicles.

Automotive products have become a major part of China's exports of machinery and electrical goods.

In addition to complete vehicles, China in the same period exported auto parts valued at 2.74 billion US dollars, of which 2. 3 billion from parts and accessories and 404 million from key components.

China produced 2.728 million vehicles, up 36 percent year-on- year, and imported a record 9.3 billion US dollars in automotive products, up 94.7 percent year-on-year, in the first eight months of this year.

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