China’s export ranks first in the world, automobile industry leads the way

According to the first seven months of foreign trade data released by the General Administration of Customs on August 8, the proportion of mechanical and electrical products in the total export value increased to 58.1%, and among them, the export volume of automobile industry are particularly prominent. Since the beginning of this year, China’s automobile exports have made remarkable achievements, the export volume in the first quarter exceeded Japan and the H1 exports also exceeded Japan again, ranking first in the world. China has become the world's largest automobile producer, consumer and exporter. According to customs statistics, in the first seven months of this year, China exported 2.778 million vehicles, an increase of 74.1% year-on-year, worth 383.73 billion yuan, an increase of 118.5%.