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Africa, Top Market of Guangzhou-made Motorbikes

Updated Beijing Time

Source: www.lifeofguangzhou.com

The statistic of the Guangzhou Customs shows, 760 thousand motorbikes of 337,590 million USD were exported from Guangzhou in Jan of 2008, with 16.6% increase than the same period of 2007.

Motorcycle, one of the staple mechanical productions labeled "Globalization," is the most important mechanical export of China. The country is now the world's giant manufacturer of motorcycles, accounting for 50% of the global total.

Africa is the major market of Guangzhou-made motorcycles. It is the destination of 69.7% of the city's total export this January, as many as 530 thousand, 48% increase then the same period of 2007.

However, experts warned this market mix is too centralized. Guangzhou's export will be vulnerable to possible fluctuation if the importing country adopts tariffs and curbing measures to protect the domestic trading.

(by Carrot Chan)

[More Guangzhou News]

Editor: Carrot Chan

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