Auto Imports up

2004/07/15

China imported US$7.01 billion worth of cars, trucks and auto parts during the first five months of this year, a year-on-year increase of 29.8 percent, according to the Ministry of Commerce.

Imports included 77,863 complete vehicles valued at US$2.43 billion. China also imported US$1.52 billion worth of key automotive parts and US$3.06 billion worth of other automotive parts during the five-month period.

Sedans were the most imported vehicles, accounting for 67 percent of the total, or 52,137 units, an increase of 28.3 percent. They were valued at US$1.47 billion, up 28.2 percent.



	Article featured in Business Beijing, July 2004 Publication sponsored by Information Office of the Beijing Municipal Government, Beijing Municipal Bureau of Commerce, Development & Reform Commission of Beijing Municipality, China Council for the Promotion of International Trade (Beijing Sub-Council)