According to the latest data from the China Association of Automobile Manufacturers, from January to August of this year, China has exported 354,900 vehicles in total, generating foreign exchange of USD 4.102 billion. Among them, 146,600 vehicles were exported, an increase of 52.63% year-on-year. The export of special purpose vehicles has grown rapidly. The export volume accounts for only 5.4% of the country’s auto exports, while the export amount accounts for 23.6% of the total amount. The number, amount, and year-on-year growth of exports exceeded all the previous year.

The acceleration of the export of trucks and special-purpose vehicles not only makes people see the huge export market potential of self-owned commercial vehicles, but also makes people see the competitive power of self-owned commercial vehicles becoming increasingly apparent.

Heavy truck export growth

All along, China’s heavy trucks have a certain amount of technical strength and price advantage, and have always occupied the leading position of China’s auto exports. According to statistics from the China Automobile Association, in August this year, the number of trucks exported was 23,700, an increase of 29.47% from the previous month and an increase of 41.19% year-on-year; according to the export amount, the trucks still ranked first in China’s auto exports.

As the data shows, the truck industry is in a clear dominant position in the auto R&D field in China. With the increasingly frequent exchanges with the international market, the gap between China's trucking companies in research and development capabilities and manufacturing processes and Europe and the United States is gradually narrowing. It is understood that some truck companies have already listed overseas market expansion as their top priority next year.

Although the sales volume of domestic heavy trucks has increased rapidly since the beginning of the year, the cyclical fluctuations in China's heavy truck market have caused many industry players to predict that the sales growth of heavy trucks will fluctuate or decline. It is believed that due to the monthly increase in the sales base for heavy trucks in the same period in 2006, the monthly sales growth of heavy trucks in the second half of this year may gradually decline, and the growth in sales volume fluctuates greatly.

2007 is the second year of implementation of the “Eleventh Five-Year Plan” in China. Most of the “Eleventh Five-Year Plan” infrastructure construction investment projects will start this year. The commencement of infrastructure projects has stimulated the sales of heavy trucks, but the number of infrastructure projects started next year is not many this year. Therefore, the industry initially expects that the growth rate of the domestic heavy truck market will gradually decline in 2008. At the same time, the industry generally believes that exports will become an important growth driver for the heavy truck industry. The reason is:

First of all, the price gap between domestic and foreign heavy trucks is large. The domestic heavy truck price is only 1/4 to 1/3 of the foreign price. In the global medium and heavy truck production distribution, China accounts for 22%, and it is the world's major medium- and heavy-duty card production base. Its strength should not be underestimated.

Secondly, in the expectation that the growth rate of heavy trucks may fall back in 2008, leading players in the industry such as Sinotruk, Shaanxi Zhongqi, etc. can still maintain growth. The decline in the industry-wide growth rate is mainly reflected in the decline in the sales growth of some heavy trucks or the absolute number of heavy trucks, and the heavy-duty companies with more than 15 tons of models, Sinotruk and Shaanxi Heavy-duty Trucks can still achieve sales volume through their scale advantage and export volume growth. The year-on-year increase. When domestic demand weakens, the increase in its export volume will effectively counter the market cycle risk.

Light and micro card exports grow steadily

Through the development in recent years, light and micro-cards (or trucks with ≤ 5 tons) have started to become the new army of China's auto exports. The auto export data of China Automobile Association shows that from January to July this year, China’s total exports of light and micro cards reached 46,221, accounting for 33.93% of total truck exports. The trade volume of light and micro cards reached 291 million U.S. dollars, accounting for 20% of the total export trade volume of trucks. The importance of light and micro-card exports in China's auto exports has gradually emerged.

The steady growth of the light and micro-card export markets stems from the strong performance of China's light and micro-card manufacturing companies. These companies have tasted the sweetness of creating light and micro-card export markets. Fukuda, Dongfeng, Jianghuai, Zhongxing, Chang'an and other major exporters of light and micro-cards rank among the top in the sales volume of the corresponding models of the Auto market.

Under the favorable situation, major domestic light and micro-card manufacturing enterprises have all increased their investment in the export market. In the past two years, China's light and micro-card export markets have expanded to the Russian Federation, the Middle East, Southeast Asia, North Africa, West Africa, Central and South America and other countries and regions. The export form has also gradually evolved from a single vehicle export to a diversified export combining KD spare parts exports, technology exports, and capital exports.

The expansion of the export scale depends on the transformation of the trade pattern. Enhancing independent R&D capability is the only way for light and micro-card companies to go abroad.

Sightseeing Track Train

Scenic Tourist Train,Leisure Train Tourism,Sightseeing Track Train,Train Sightseeing Tours

Hangzhou Trains Equipment Co.,Ltd , https://www.tramscn.com