02/06/2023 (Chongqing, China) - In the first quarter of last year, China became the world's largest vehicle exporter, with Chongqing accounting for 10% of Chinese car exports. Automakers like Changan Automobile, Seres, Livan Auto, and SAIC Hongyan played a crucial role in this achievement.
Changan Automobile experienced rapid growth in exports to Central Europe and Central Asia, while Seres expanded its markets to South Korea, Japan, and Singapore. Chongqing-made commercial vehicles gained popularity overseas, and SAIC Hongyan strategically expanded its market in Central Asia.
Liangjiang New Area, the major cluster of the Chongqing auto industry, witnessed a significant increase in import and export, while automakers leveraged agreements like the Regional Comprehensive Economic Partnership (RCEP) to establish manufacturing bases and facilitate trade.
The New International Land-Sea Trade Corridor (ILSTC) and water transportation played a vital role in promoting the global reach of Chongqing-made vehicles.
In summary, China's vehicle exports surged, led by Chongqing-based automakers. Changan Automobile, Seres, Livan Auto, and SAIC Hongyan contributed to this growth, while Chongqing saw increased trade and expansion plans driven by RCEP agreements. The ILSTC and water transportation were instrumental in facilitating global shipments of Chongqing-made vehicles.