2023 China (Tianjin) International Automobile Exhibition opened today (28th). At the China Automobile going out Forum, the head of the Automobile Industry Branch of the China Council for the Promotion of International Trade saidIt is estimated that China's automobile export volume will exceed 4 million this year, which is expected to become the largest automobile exporter in the world.

Data displayFrom January to August this year, China exported 2.941 million cars, an increase of 61.9 percent over the same period last year.

China's automobile exports have ushered in a rapid development. In recent years, not only the export volume has exceeded 2 million and 3 million vehicles, but also the price of bicycles has also increased significantly, from 85000 yuan in 2018 to 122000 yuan in 2022. The export region has also gradually expanded to markets in developed regions such as Europe and North America.

Wang Xia, president of the Automobile Industry Branch of the China Council for the Promotion of International Trade, said: Chinese cars are welcomed by more and more overseas consumers because they feel the comparative advantages of Chinese cars in electrification and intelligence.

In addition, it is worth mentioning that 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, surpassing Japan's 2.02 million, and becoming the world's largest automobile exporter. If the export of more than 4 million vehicles this year, it is expected to take the advantage of the largest exporter throughout the year.

Chen Shihua, deputy secretary-general of the China Automobile Industry Association, also analyzed thatChina's new energy vehicle industry has a leading advantage, the industrial chain is relatively perfect and stable, and the products have strong competitiveness.This year, we expect that the export of cars for the whole year will exceed 4 million, of which the number of new energy vehicles will steadily exceed 1 million.