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China's biggest car carrier sails to Brazil

China's biggest car carrier sails to Brazil

Write: Marshall [2011-06-14]
"ZhongYuanTengFei," China's biggest car carrier of China Ocean Shipping Company, also known as COSCO, with a capacity of 5,000 automobiles, sailed from Shanghai to Brazil on June 10. It carried a shipload of 4,380 cars, mostly domestic brands, including JAC Motors, Chery Automobile, Sany Group and Lonking Product. It set a record for the heaviest carrying capacity in one time for a Chinese-made cargo ship.
The demand for automobile exports has ballooned as China's auto industry is developing rapidly. According to statistics, China s total export volume of automobiles in the first quarter of 2011 reached 230,000, and with this trend, it is estimated that China will sell about 700,000 cars this year.
By People's Daily Online
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