According to statistics from the China Automobile Industry Association, the latest export data of automobile manufacturers, following the export of 72,100 vehicles in May, continued to record highs in June, with exports exceeding 80,000 units, reaching a historic 82,400 units; The total number of exports was 381,100, a year-on-year increase of 56.99%. Industry insiders predict that if it continues to develop, this year's auto exports are expected to surpass the record high of 644,000 in 2008, a record high.
Prior to this, many manufacturers have announced good news: On July 5th, the JAC announced that the company’s automobile and chassis exports were 7,500 units in June, a year-on-year increase of 467.75%. In the first half of the year, the cumulative export volume reached 35,500, an increase from the same period last year. 254.97%. On July 6, Chery Automobile announced that it had exported 16,578 vehicles in June, an increase of 105.9% year-on-year, and once again set a new monthly export sales record since May 2008. Great Wall Motor also announced that it had exported more than 7,000 units in June and exported more than 43,000 units in the first half of the year.
Since the beginning of this year, China’s automobile exports have picked up, and vehicle manufacturers’ annual export volume has maintained a 30% or more year-on-year growth rate. However, the actual situation is far less optimistic than that seen on the numbers. According to industry insiders, the 56.99% growth is only a recovery growth, and it is an old account that was blocked after the repayment of the 2008 financial crisis. At the same time, the long-term dependence on emerging markets in the automotive export sector and competition based on low-cost means has left the risks of Chinese auto exports still present.
It should be noted that the high growth rate of auto exports in recent months was due to the previous decline in demand due to the financial crisis. This year, as the global economy recovers, the international market has demand for low-end cars, not because of the strength of domestic auto manufacturers’ export strength. Quality improvement. In fact, the proportion of China’s automobile exports to total production is still quite low. Take the 2010 data as an example. In that year, China’s total automobile production reached 18,264,700 units, ranking the first in the world, but the export volume was only 544,900, and the export volume of automobiles accounted for only With a total output of 2.98%, this proportion is at the lowest level in the world's major automakers.
In addition, there are structural defects in China's auto exports, long-term dependence on Russia, Brazil, the Middle East and North Africa and other non-developed regions and emerging markets, accounting for more than 80% of total exports, of which North Africa and the Middle East have occupied the majority of their share. Once these markets have experienced political turmoil or restrictions on Chinese cars, China’s auto exports will face a passive situation.
In fact, in the next three to five years, the main export target market for China’s auto industry will be developing countries, and it will take time to develop large-scale exports for developed country markets.
Prior to this, many manufacturers have announced good news: On July 5th, the JAC announced that the company’s automobile and chassis exports were 7,500 units in June, a year-on-year increase of 467.75%. In the first half of the year, the cumulative export volume reached 35,500, an increase from the same period last year. 254.97%. On July 6, Chery Automobile announced that it had exported 16,578 vehicles in June, an increase of 105.9% year-on-year, and once again set a new monthly export sales record since May 2008. Great Wall Motor also announced that it had exported more than 7,000 units in June and exported more than 43,000 units in the first half of the year.
Since the beginning of this year, China’s automobile exports have picked up, and vehicle manufacturers’ annual export volume has maintained a 30% or more year-on-year growth rate. However, the actual situation is far less optimistic than that seen on the numbers. According to industry insiders, the 56.99% growth is only a recovery growth, and it is an old account that was blocked after the repayment of the 2008 financial crisis. At the same time, the long-term dependence on emerging markets in the automotive export sector and competition based on low-cost means has left the risks of Chinese auto exports still present.
It should be noted that the high growth rate of auto exports in recent months was due to the previous decline in demand due to the financial crisis. This year, as the global economy recovers, the international market has demand for low-end cars, not because of the strength of domestic auto manufacturers’ export strength. Quality improvement. In fact, the proportion of China’s automobile exports to total production is still quite low. Take the 2010 data as an example. In that year, China’s total automobile production reached 18,264,700 units, ranking the first in the world, but the export volume was only 544,900, and the export volume of automobiles accounted for only With a total output of 2.98%, this proportion is at the lowest level in the world's major automakers.
In addition, there are structural defects in China's auto exports, long-term dependence on Russia, Brazil, the Middle East and North Africa and other non-developed regions and emerging markets, accounting for more than 80% of total exports, of which North Africa and the Middle East have occupied the majority of their share. Once these markets have experienced political turmoil or restrictions on Chinese cars, China’s auto exports will face a passive situation.
In fact, in the next three to five years, the main export target market for China’s auto industry will be developing countries, and it will take time to develop large-scale exports for developed country markets.
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