China targets 10-fold rise in Middle East autopart exports
China is targeting a 10-fold increase in exports of vehicle spare parts and accessories to the Middle East and Africa in 2003, spearheaded by its largest ever delegation to Automotive Aftermarket Middle East (AAME), the annual Middle East trade show for automotive parts, accessories, tires, batteries and garage equipment.
Accelerating China's aggressive regional sales drive, 55 auto parts companies have contracted for the country's 648 square meter national pavilion, at next month's AAME. Last year 20 Chinese exhibitors took part.
“Vehicle spare parts and accessories currently account for between one percent and two percent of mainland China's three billion dollar total exports to the region,” said Executive Manager, China Orient Management Consultancies, David Wang.
“It wants to increase the sector's share to 10 percent this year, bolstered by re-exports from Dubai, to Saudi Arabia, Kuwait and Iran, where there is big demand for spare parts for motor bikes and bicycles, as well as a host of African countries.
In addition to China, eight other countries have, so far, said they will have national pavilions at AAME 2003. They are Australia, Italy, India, Pakistan, Spain, Taiwan and, for the first time, Germany and Turkey.
AAME organiser International Expo-Consults (IEC) says the exhibition, to be held at the Airport Expo Dubai, from March 25-27, will double in size compared to the 2002 showing, occupying 3,000 square meters. It will feature over 250 companies from more than 30 countries across North and South America, Europe, the Middle and Far East and Australasia. — (menareport.com)
© 2003 Mena Report (www.menareport.com)