China Produces 50% of World's Motorcycles
China dominated global motorcycle production in the first 10 months of 2005, producing 50% of the world's output
Jan. 25, 2006 (China Knowledge) - China dominated global motorcycle production in the first 10 months of 2005, producing 50% of the world's output, according to a report by Global Sources, a provider of sourcing information to volume buyers and integrated marketing services to suppliers. Exports during the period totaled US$1.4 billion, a 47% increase from 2004’s exports.
The report also said that about 70% of manufacturers are locally owned, 28% are foreign-invested and the rest are state-owned enterprises. Also, production of motorcycles is focused in Chongqing and the provinces of Guangdong, Jiangsu and Zhejiang.
It is also claimed in the report that many manufacturers aim to increase exports to the United States and the EU by developing models with displacements that exceed 250cc and emission levels that meet EU II requirements.
The report also said that about 70% of manufacturers are locally owned, 28% are foreign-invested and the rest are state-owned enterprises. Also, production of motorcycles is focused in Chongqing and the provinces of Guangdong, Jiangsu and Zhejiang.
It is also claimed in the report that many manufacturers aim to increase exports to the United States and the EU by developing models with displacements that exceed 250cc and emission levels that meet EU II requirements.
