China will export 800 million motorcycles and average price rise 17%

Vice Minister of Commerce Wei Jianguo in Beijing today revealed that from March to September this year, motorcycles' exports was 4.943 million,increased 23% compared the same period; reached 1.77 billion U.S. dollars, up 43%; The average export price have 27% increase. This is the first time exports higher than the number of motorcycle exports increase in the past nine years, and as much as 20 percentage points higher. Wei Jianguo analysis, the export situation has improved since motorcycle industry is quality managed in March, improved the access threshold. Currently, the domestic motorcycle exports dropped 460 business units from the original 860. Some inferior in ability or unreasonably are forced to retreat from the market.Disorder and export order has improved greatly changed the dumping of low-priced, the average price can be improved. According to preliminary estimates by the Ministry of Commerce, in term of the export volume of 2.25 billion U.S. dollars last year, due to improving the quality of exports, social welfare and efficiency of enterprises will increase more than three billion yuan. In past ten years, the rapid development of China's motorcycle industry output ranked first in the world for 13 years. export volume ranked the top in the world for six consecutive years. It is estimated that the output of motorcycles will be more than 18 million this year, more than half of world output,exports reached 8.0 million vehicles, the amount is nearly three billion U.S. dollars and export markets across 180 countries and regions. But at the same time, the motorcycle industry faced a serious excess production capacity, the backward parts, inadequate protection of intellectual property rights, industry profits decline year by year, the export price competition too strong export market challenges. Currently, China's exports of motorcycles in Vietnam reduced the number of vehicles has increased from 230,000 to 1.8 million annually. The maximum period of Nigeria's export volume from 970,000 to 750,000 vehicles annually. Indonesia's export volume from a peak of more than 80 million dropped dramatically to more than 100,000 vehicles.