Commercial vehicle seizes business opportunities in ASEAN Free Trade Area, and SAIC Hongyan heavy truck sells well in Southeast Asia


On January 1, 2010, the China-ASEAN free trade zone was officially completed. The average tariff on China’s ASEAN fell from the previous 9.8% to 0.1%. With the drastic reduction in tariffs, China-ASEAN economic and trade cooperation has entered a fast lane, and huge commercial opportunities have gradually emerged in the region.



A few days ago, at the Seventh China-ASEAN Expo held in Nanning, Guangxi, the head of SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. stated that Hongyan Heavy Truck was very popular in the China-ASEAN Free Trade Area, and the establishment of the free trade area gave SAIC Iveco. Hongyan has brought greater business opportunities.

The ASEAN region, especially Vietnam, Indonesia and Thailand, has traditionally been the traditional export market for SAIC Iveco Hongyan, and Hongyan Automobile is very popular in the region. In 2007, the CNG heavy truck was developed and exported specifically for the needs of the Thai market. The vehicle uses compressed natural gas as the fuel, and the vehicle integrates mature engines and gas systems and other key assemblies.

Hongyanjie Lion heavy truck exported to Vietnam
As the most popular export-oriented brand in Chongqing, Hongyan Motors has also received special attention from the Chongqing Municipal People's Government and the Foreign Economic and Trade Commission. The exhibition of SAIC Iveco Hongyan fully embodies the outstanding elements of Hongyan Jieshi, Hongyan Special, and other corporate products, attracting many merchants to stop and visit.

It is understood that after August 20, 2010, Hongyan Automobiles has seized business opportunities in the ASEAN free trade zone after 20 Hongyanjieshi heavy trucks exported to Vietnam. In the beginning of November this year, 15 Hongyan Jieshi will step out of the country to become ASEAN. market. Taking advantage of the special policies and advantageous environment of the ASEAN Free Trade Area, commercial vehicle companies in the ASEAN Free Trade Area have unlimited business opportunities.



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