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Geely Automobile says it plans to step up car exports this year, with an eye to selling 30 percent of its output abroad by 2010.
Geely Automobile, based in the east China's Zhejiang province, plans to export its home-grown saloons this year to South America and North Africa, and is also looking to the U.S. market.
It plans to step up car exports this year, with an eye to selling 30 percent of its output abroad by 2010.
Auto makers in China plan billions of dollars worth of new capacity over the next few years, prompting fears of a glut and leading some to look to exports as a growth outlet.
(CRI June 25, 2004)
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