Russia's Access to WTO to Benefit China Bus Manufacturers
2012-08-03 Source:www.chinabuses.org
Summarize:On August 23rd Russia will join the WTO, which means more opportunities to China bus manufacturers. Russia is a vast market with few local bus enterprises and most of its buses reply on import. Besides, Russia even imports second-hand buses from American and European markets every year.
www.chinabuses.org:On August 23rd Russia will join the WTO, which means more opportunities to China bus manufacturers. Russia is a vast market with few local bus enterprises and most of its buses reply on import. Besides, Russia even imports second-hand buses from American and European markets every year.
With good industrial base, Russia has great potential in coach and city bus market. In 2008, Russia took some restrictive measures to protect its own auto industry, making the decline of China's export.
Russia is the key market for Higer, Zhongtong and Ankai, etc. and tariff cut, as critical element for Russia to join the WTO, would be beneficial to China auto export.
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