"China-ASEAN Expo" Chinese car companies should grasp business opportunities
The 7th China-ASEAN Expo
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China-ASEAN Expo is also called “South China Expo†China-ASEAN Expo is initiated by Chinese Premier Wen Jiabao and co-sponsored by China and 10 ASEAN economic and trade authorities and ASEAN Secretariat, and organized by the Guangxi Zhuang Autonomous Region People’s Government. A grand event of economic and trade exchanges is held annually in Nanning, Guangxi.
It is understood that with the further liberalization of the economic environment in Myanmar, the demand for its passenger cars continues to grow, which has become a huge opportunity for Chinese auto companies. Myanmar bus purchasers said at the China-ASEAN Expo that the passenger bus market in Myanmar is in a transitional period. The largest demand for passenger cars is urban public transport. As long as Chinese manufacturers find suitable ways to open up the market, they will be a good opportunity to enter.
It is understood that since the establishment of the China-ASEAN Free Trade Area, the bilateral trade volume between China and ASEAN has increased rapidly. In 2004, the trade volume between China and ASEAN reached 105.9 billion U.S. dollars, achieving the goal of breaking 100 billion U.S. dollars in advance one year. In 2005 and 2006, the bilateral trade volume increased by nearly 30 billion U.S. dollars annually. In 2008, bilateral trade volume reached 231.12 billion U.S. dollars, a year-on-year increase of 13.9%.
Relevant experts stated that the China-ASEAN Expo has established a direct platform for the exchange and cooperation between China and the ASEAN automobile industry. Enterprises can organize vehicle products suitable for the market demand of ASEAN countries to participate in the exhibition, promote their products, increase their visibility, and have extensive contacts with merchants from ASEAN countries to obtain the key to opening the ASEAN market.
Total area: 20,000 square meters
Fixed assets:RMB 10 million
Total empolees: 260
Facility: 500
Production Capacity: 1800MT/Month
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