Manzhouli Port of Inner Mongolia Increases Auto Parts Exports to Russia by 1.5 Times

According to statistics from Manzhouli Customs in Inner Mongolia, from January to February 2012, the export of auto parts in the Manzhouli Customs District was 1.734 million US dollars, a year-on-year increase of 1.5 times.

According to relevant analysis of the Manzhouli Customs, the continuous increase in the production and sales volume of Russian automobiles is the main reason for the rapid growth of auto parts exports in the Manzhouli customs area. In March 2009, the Russian government launched a long-term car concessional loan program to support potential automotive companies that were hit by the financial crisis, revitalize the domestic auto industry, and accelerate the development of the auto industry. It reduced interest rates to attract potential consumers to purchase local production or assembly production. The automobile has drastically increased the sales of domestic automobiles and further promoted the growth of the domestic automobile-related consumer market. In 2010, automobile sales in the Russian market increased by 30% year-on-year. In 2011, sales of domestic cars increased by 40% year-on-year, becoming the second largest automobile market in Europe after Germany. In January 2012, the Russian automobile market continued to maintain its growth momentum. Sales of cars were 154,000, an increase of 20%. According to forecasts of the European Business Association, sales of Russian cars will reach 2.8 million in 2012, an increase of about 8%. After the development in recent years, China has become a big country in construction machinery. After the acquisition of Putzmeister by Sany Heavy Industry, China’s construction machinery industry has increased its right to speak in the international market, and inexpensive and inexpensive mechanical parts have been gradually obtained. The majority of low-end international market recognition. With the rapid development of the Russian automobile market put forward higher service requirements for the assembly industry, China's auto parts industry ushered in a good opportunity for trade with Russia.