Logo
  Tuesday, August 20, 2019
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

The Chinese automobile-making corporation Changcheng (Great Wall) is going to invest 70 million dollars in the creation of an automobile assembly enterprise in Moscow
The Chinese automobile-making corporation Changcheng (Great Wall) is going to invest 70 million dollars in the creation of an automobile assembly enterprise in Moscow, the Zhongguo Xinwenshuo news agency reported on Wednesday with reference to Changcheng representatives. Some 50,000 automobiles are expected to come off the assembly line of the joint enterprise in Moscow during the coming three years. By 2008 the enterprise is going to sell its products on the domestic and foreign markets in equal shares. Changcheng regards the Russian market as one of the most promising markets, which has an enormous potential for automobile sales. According to its representative, Russia accounted last year for two thirds of their exports. Changcheng’s strategic task is to bring its exports to 50 per cent of a total output. The figure for today is 25 per cent. Changcheng produces mostly jeeps, including sports models, as well as small-size trucks.
Print The Chinese automobile-making corporation Changcheng (Great Wall) is going to invest 70 million dollars in the creation of an automobile assembly enterprise in Moscow Bookmark The Chinese automobile-making corporation Changcheng (Great Wall) is going to invest 70 million dollars in the creation of an automobile assembly enterprise in Moscow

Related News   
FebMarch 2006Apr
MoTuWeThFrSaSu
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789