China to export 8 million motorcycles in 2006

Beijing, Dec. 1 ¨C China's motorcycle industry has been developing swiftly in recent years, and its output has kept ranking first in the world during the last 13 years, and its export volume has also ranked first in the last 6 years.

It is estimated that China's motorcycle output will surpass 18 million in 2006, or half of the world's total output. Some 8 million will be exported to more than 180 countries and regions, with total value amounting to US$3 billion.

China's motorcycle watchdog has tightened export control and kicked nearly 400 low-qualified and illegal domestic exporters out of the market. Dumping cases have been reduced dramatically since last January, and the average unit prices have risen. According to statistics released by the Ministry of Commerce, the gross export value of motorcycles will increase to at least 3 billion yuan ($380 million) from $2.25 billion.

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