Deep cultivation of the "Belt and Road" Chinese car companies to speed up the sea

According to the latest data from the General Administration of Customs, China exported 500,000 vehicles in September 2023, an increase of nearly 39% year-on-year. From January to September, a total of 3.71 million vehicles were exported, an increase of 64.4% year-on-year.

Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, told the Securities Times reporter that in recent years, China's automobile exports have been growing, which has played an important driving role in the development of China's automobile industry.

"Judging from the current situation, China's automobile products are becoming more and more competitive and recognized in the market, and occupy more and more market shares in the global market." Xu Haidong predicted that in 2023, China's car exports are expected to exceed 4.5 million units.

China's auto export volume to achieve "blowout" growth, is not overnight. Especially in the past decade, China's automobile exports have achieved leap-forward growth, from 872,400 in 2013 to 4.5 million this year, more than four times the growth in 10 years, which shows the rise of Chinese automobile brands. Wang Du, assistant president of the China Automobile Circulation Association, believes that the dazzling achievements of China's automobile exports in the past decade reflect the role of the "Belt and Road" initiative in promoting China's economy, which also provides strong support for Chinese brand cars to "go out".