Custom statistics for august places for the first time Chongqing in the Chinese top 20 of exporting regions. The export in august reached USD 3.21 billion, an increase of 110% from august 2010.
It is primarely export of cars, motorcycles and laptops which is driving the rapid growth, the statistics reports that from januar to august an overwhelming number of nearly 6 million laptops was exported.
The biggest export market for Chongqing is EU which accounts for USD 3 billion from january to august. Second is ASEAN countries and first as number third comes the US.
With the increasing investments in production fascilities from both car manufactoreres like Ford and laptop manufactorerers like HP it is likely that the growth will continue in the coming years.
According to Chongqing mayor Huang Qifan Chongqing is heading towards becoming a world famous car town with a yearly production of more than 4 million cars in 2015, mainly based on the current domestick manufactorers 1 million output and Fords future 2 million output.
There have also been rumors that Ford might enter the electric car market in China, though the headlines in foreign medias was merely due to a comment from Fords chief executive officer that ”As we move to more electrification, you’re going to see more hybrids, plug-in hybrids and all-electric” and the condition that the Chinese market for electrical vehicles is subsidied by the government,. But the headlines aint substained by any real facts.