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China export surged by 59.3% in Quarter 1

Ally From www.gasgoo.com| May 11 , 2007

Sources from National Automotive Industry Association show that auto export totaled 99,800 units in the first quarter, up 59.32% year-on-year.

The Chinese auto industry is gaining strong growth momentum due to the fact that self brand automakers in China have been making great efforts to promote export. Last year, China auto export almost doubled to 342,400 units while export margins increased by 96.6% to 3.1 billion Yuan.

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