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According to data released by the British Automobile Manufacturers and Dealers Association on the 31st, the UK exported more than 100,000 vehicles to China in 2017, an increase of nearly 20% over the previous year. Association CEO Mike Hors said that China is one of the key markets for the UK's automotive industry.
The data shows that the total production of British cars in 2017 was 1.67 million, down 3.0% from the previous year. Howe said that the "Brexit" uncertainty and the British government's policy of restricting diesel vehicles were the main reasons for the decline in automobile production that year.
In 2017, British auto exports accounted for 79.9% of total production. The EU remains the largest export market for British cars, accounting for 53.9%. After the EU and the United States, China is the third largest export market for British cars, accounting for 7.5%.
In an interview with Xinhua News Agency, Hors said that world-class engineering design, government support and large-scale investment have helped the UK become one of the most innovative countries in global automotive development and production. China is an important market for the UK's automotive industry and an important partner in materials and components. Both countries have invested heavily in the automobile industry. The strengthening of China-UK economic and trade relations will bring more dividends to the automobile industry and the overall economic development of the two countries.
Howth said that the British Prime Minister’s visit to China has accompanied a number of automakers, reflecting the importance the British government attaches to the auto industry and the importance the UK auto industry places on the Chinese market.