Chinese cars to have greater share on Russian market — Ambassador

Business & Economy May 05, 2022, 18:04

In particular, Great Wall Haval and other popular models enjoy high sympathy and wide recognition among Russian buyers

MOSCOW, May 5. /TASS/. Chinese cars will build up their share on the Russian market, China’s Ambassador to Russia Zhang Hanhui said in an interview with TASS.

"I am confident that owing to the self-supporting perfect production chain, research potential, production capacities, higher product quality and growing effect of brands, Chinese automobiles will continue increasing the share on the Russian market and enjoy greater popularity among Russian nationals," the Ambassador said.

"In particular, Great Wall Haval and other popular models enjoy high sympathy and wide recognition among Russian buyers. The Chinese automobile industry is developing quickly in recent years," the diplomat said. "Chinese cars, distinctive for high quality, a beneficial ratio of price and quality and a wide line of models, are already above their foreign competitors in some aspects. Chinese automobile companies will continue exploiting the Russian market in accordance with its properties and needs, and seek after increasing volumes of production and sales," Zhang Hanhui added.

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