In the statement made by the General Administration of Customs of China, it was stated that in the first quarter of 2023, the country's automobile export volume increased by 58,1 percent compared to the same period of the previous year and reached 1 million 70 thousand.
Japan, which ranked first in the world in terms of automobile exports in 2022, exported only 2023 thousand vehicles in the first quarter of 954.
Xu Haidong, Deputy Chief Engineer of the China Automobile Manufacturers Association (CAAM), said that the rapid increase in automobile exports means that the competitiveness of cars produced in China will increase. Xu stated that the increase in question shows that Chinese auto companies have performed well in terms of product quality, supply chain management and service.