Ministry of Commerce: China exports 2.778 million cars from January to July this year, and is expected to march to 5 million for the whole year.

Thanks to CTOnews.com netizens for the delivery of clues on the way! CTOnews.com, September 3 (Xinhua) according to a report by official account of the Chinese automobile market, at the Taida Forum held from September 1 to September 3, Liu Xiaoguang, a second-class inspector of the Foreign Trade Department of the Ministry of Commerce, said that according to customs statistics, China exported 2.778 million cars from January to July this year, and China's car exports are expected to reach 5 million in 2023.

▲ Tuyuan China Automobile Market official account CTOnews.com learned that in July this year, China's vehicle exports increased by 6.6% from the previous month, up 59.4% from the same period last year, while vehicle exports increased by 13.1% from the previous month, up 83.3% from the same period last year. Among them, Tesla China exported more than 32000 cars in July, making it the largest car exporter in the country.

In the first half of this year, China exported 2.341 million vehicles, an increase of 76.9 percent over the same period last year, and vehicle exports totaled US $46.42 billion, an increase of 1.1 percent over the same period last year.

Chen Shihua, deputy secretary general of the China Association of Automobile Manufacturers, said in this analysis, "China's new energy vehicle industry has a leading advantage, the industrial chain is relatively perfect and stable, and its products are highly competitive. This year, we expect the export of cars to exceed 4 million, of which the number of new energy vehicles will steadily exceed 1 million."

Wang Qing, deputy director of the Market economy Research Institute of the Development Research Center of the State Council, delivered a speech entitled "China's new energy vehicle market share is in the stage of rapid improvement." It mentions the market share of new energy:

At present, the market share will show a trend of accelerating market expansion when the market share is about 15%. At present, our country has entered the stage of rapid popularization. Under normal circumstances, for example, there is no supply problem, and there is no problem with the upstream metal minerals, including the entire production, including the supply of smart chips.

At the same time, there is also a situation in which the construction of infrastructure matches the expansion of the market for new energy vehicles, including the basic matching of the charging and energy replenishment system. In this case, we predict that the market share will reach 50% by 2025. By 2030, it is expected to exceed 90%, which is in a normal scenario.

Liu Xiaoguang also mentioned at the meeting that the current situation of China's foreign trade is still complex and grim, and enterprises' exports and overseas development still face many challenges. The Ministry of Commerce, together with relevant departments, will continue to implement the requirements of a stable scale and excellent structure of foreign trade, so as to create a better environment for enhancing the international competitiveness of the automobile industry.