Statistics compiled by the China Association of Automobile Manufacturers on February 8, sourced from the General Administration of Customs, reveal that China's total exports of automotive products to countries along the 'Belt and Road' Initiative amounted to US$136.02 billion in 2024. This represents a robust year-on-year increase of 16.2%, contributing to 58.2% of China's overall automotive export value. Notably, the export volume of complete vehicles surged by 29.1% to 4.427 million units, accounting for 69.1% of the total. Additionally, exports of new energy vehicles witnessed a significant uptick of 25%, reaching 978,000 units.
