China may export one million vehicles a year by 2010 as car
makers counter rising domestic competition with the advantage of
low labor costs compared to overseas rivals.?
The country may sell more than 800,000 vehicles overseas next
year, while auto-part exports may rise as much as 40 percent
annually, Zhang Ji, deputy head of the Commerce Ministry office
overseeing exports of mechanical and electrical products, said in
Beijing.
(Shanghai Daily November 28, 2007)
