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00:54
RCEP helps Chinese automakers expand presence in Southeast Asian market
STORY: RCEP helps Chinese automakers expand presence in Southeast Asian market
SHOOTING TIME: Sept. 26, Oct. 30-31, 2023
DATELINE: Nov. 23, 2023
LENGTH: 0:00:54
LOCATION: CHONGQING, China
CATEGORY: ECONOMY
SHOTLIST:
1. various of Chongqing and automotive plant
2. SOUNDBITE 1 (Chinese): LI DONG, International Business Department of SAIC Hongyan Automotive Co., Ltd.
3. SOUNDBITE 2 (Chinese): XIONG ZHU, International Business Department of SAIC Hongyan Automotive Co., Ltd.
STORYLINE:
Chinese auto manufacturers have gained easier access to the Southeast Asian market thanks to the implementation of Regional Comprehensive Economic Partnership (RCEP).
Benefiting from the favorable trade policies under RCEP, a heavy truck enterprise based in southwest China's Chongqing Municipality has seen prosperous export prospect for its Indonesian market.
SOUNDBITE 1 (Chinese): LI DONG, International Business Department of SAIC Hongyan Automotive Co., Ltd.
"Last year, we sold only about 100 units in Indonesia. Now, our sales have quadrupled from a year ealier as we have already obtained orders of 400 units by the end of September this year."
SOUNDBITE 2 (Chinese): XIONG ZHU, International Business Department of SAIC Hongyan Automotive Co., Ltd.
"The Southeast Asian market has long been an important export destination for China's heavy trucks. Based on the favorable policies, our company has also made efforts to improve the product quality and meet the requirements of local regulations. We hope that we can achieve a breakthrough in sales volume in the RCEP member countries as well as the Southeast Asia region."
Xinhua News Agency correspondents reporting from Chongqing, China.
(XHTV)
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