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Chery exports up 259% in May

0 CommentsPrint E-mail Xinhua, June 26, 2010
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China's leading private automaker, Chery Automobile Corporation Ltd. sold 8,053 motor vehicles abroad in May, a growth of 259 percent on the same month of last year, a company official said.

From January to May, Chery's exports amounted to 30,100 units, up 171 percent year on year.

According to Jin Yibo, assistant to the general manager of Chery Autuomobile, the company will shift its offshore focus from exports to direct manufacturing abroad.

By the end of 2009, the company, based in Wuhu, in east China's Anhui Province, had put 12 overseas bases into production. Three more will come on stream this year.

E.CHINA'S JIANGSU EXPORTS MORE TEXTILES, CLOTHING

East China's Jiangsu Province exported 880 million U.S. dollars worth of textiles, clothing and accessories in the first five months, a growth of 27.2 percent on the same period of last year, according to the provincial customs.

Monthly exports for May were the highest since the beginning of last year at 220 million U.S. dollars, up 52.9 percent year on year, or 17.8 percent month on month.

From January to May, the province sold 150 million U.S. dollars worth of textiles, clothing and accessories to the United States, up 34.9 percent, 140 million dollars worth to the European Union, about the same as the first five months last year, and 120 million dollars worth to Japan, down 1.7 percent.

N.CHINA CITY TO STAGE INT'L ENERGY EXPO

The third China (Taiyuan) International Energy Expo will be held from Sept. 16 to 18 in Taiyuan, capital of north China's Shanxi Province.

To date, 88 enterprises, from home and abroad, have decided or expressed an intention to participate in the three-day event.

Of the total, 38 are overseas companies, including Motorola of the United States, Asian American Gas, Inc. registered in Virgin Islands, and Foxconn of Taiwan.

The expo will have an exhibition space of 30,000 square meters, with more than 30,000 participants expected.

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