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15 July 2015

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Exports on Whole Vehicle Equipment Dropped, Parts Increased in 2017

2018-01-25 Download Print

With rail transit enterprises’ concept change in overseas market expansion, Hunan’s rail transit equipment exports have been shifted its focus from whole vehicles to components and parts. The Hunan Customs data shows that, in 2017, Hunan’s export of rail transit equipment totaled 1.17 billion CNY, a 30% decrease over last year. Whole vehicle exports dropped by 54%, while component and parts and rail transit supporting product exports surged.

In 2017, whole vehicles were still the main exported rail transit products. The exported whole vehicles for rail transit totaled 560 million CNY.

The CRRC Zhuzhou Locomotive Co., Ltd., the China Railway Corporation, and the Zhuzhou Times New Material Technology Co., Ltd. contributed nearly 90% of Hunan’s rail transit equipment exports.
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Translator: Pang Yuehui

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