South America Tops China’s Auto Export Destinations

Beijing, April 13 (QNA) – South America has become China’s largest
auto export market after rapid growth in recent years, the China
Association of Automobile Manufacturers said.

China exported some 286,500 automobile units to South America in
2013, up 18.9% year on year, said Shi Jianhua, vice secretary-general
of the association.

Exports to the region accounted for about 30% of China’s total auto
exports last year, according to China’s (Xinhua) News Agency.
Chile, Peru, Columbia and Uruguay, the four major destinations in
South America, are also among China’s top 10 auto export markets.

“Auto ownership in South America is much lower than in developed
countries, and the potential for Chinese auto makers to develop on
the continent is great,” said Shi. (QNA)

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