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Shenzhen Longyin Printing Packing Co., Ltd. , https://www.longyinprint.com
According to the latest statistics from the China Association of Automobile Manufacturers, in 2006, China's automobile production and sales showed rapid growth. Both annual production and sales volume exceeded 7.2 million units, reaching 7.277 million vehicles and 7.16 million vehicles, respectively, an increase of 27.32% and 25.13% respectively year-on-year. China has become the second largest automotive market in the world.
Experts expect that the demand for automobiles will reach 20 million vehicles around 2020, which will exceed the United States as the world's largest automotive market. The development of the car market has at least 20 years of rapid growth. Therefore, any car manufacturer will not underestimate the Chinese auto market. On the one hand, international automobile brands have not even launched models tailored specifically for the Chinese market. And almost every automobile company has set up its own R&D department, which specializes in studying consumer preferences in the Chinese market to finally establish a plan to meet the demand. On the other hand, the export capacity of domestic self-owned brand cars has also been strengthened. At present, there are more than 200 auto brands in China, occupying 69% of 355 trucks, passenger cars and sedan brands. The autonomy of the independent enterprises represented by Chery, the traditional auto companies represented by Huachen and the autonomy of joint ventures The brand constitutes the backbone of domestic auto brands.
In recent years, exports from main brand automobiles have continued to grow. In 2006, export of self-owned brands represented by Chery, Geely, Dongfeng, Xiali and ZTE took off in a large number of countries. According to relevant reports, the Geely sedan exported 400 cars from the Middle East and the United States in 2003 and became the first private car manufacturer to go abroad. By 2006, it had exported more than 20,000 cars to 42 countries. According to statistics released by the SASAC, from January to September 2006, Dongfeng Automobile Corporation had a total of 5,730 vehicles exported, an increase of 381% over the same period of last year. The output value of finished products was US$172 million, an increase of 192.4% over the same period of last year. In 2006, Great Wall Motor’s total export volume was 35,000, ranking first in the number of Chinese auto exports. According to statistics released by the Ministry of Commerce, China’s auto exports reached 340,000 units in 2006, which is a year-on-year increase, of which more than 90,000 cars can be exported, an increase of 200% over the previous year. This shows that the overall strength of China's auto industry has been significantly strengthened in the competition.
In 2007, many companies have already formulated more ambitious goals to go abroad. Chery Automobile exported 8,000 vehicles in 2006, and it also targeted its sales target to export 250,000 vehicles to the United States in 2007. If this plan can be successfully implemented, China's own brand automotive companies will take the most important step of internationalization.