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China expects to export over 500,000 autos in '07

Tuesday, 25 September 2007


BEIJING, Sept 24 (AFP): China expects to export more than 500,000 vehicles in 2007, the commerce ministry said, marking an increase of about 50 per cent from 340,000 the year before.
China is also seen exporting auto parts worth 8.85 billion dollars, up 32.4 per cent from a year ago, the ministry said in a statement.
The world's third-largest auto producer has already exported 294,000 cars in the first seven months of the year, up 70.3 per cent year-on-year, Commerce Minister Bo Xilai was quoted as saying in the statement.
China's auto exports have grown rapidly.