SIMIC

Anhui Provincial Port and Shipping Group has set up a ro-ro transportation company with Chinese car makers Chery and JAC.
The newly established joint venture, Anhui Hangrui International Ro-Ro Transportation Company, will also be engaged in international container shipping, cargo transportation and supply chain services, reports UK's Seatrade Maritime News.
During January and November 2022, China's import and export value of automobile products was US$228 billion, an increase of 11.9 per cent year on year and the export value grew 26.9 per cent. Export automobile number was 2.984 million, increasing 54.9 per cent year on year. With the rapid growth of export vehicle market, China has become the second largest automobile export country in 2022.
"The new energy automobile is promoting China-made vehicles development to global market, we believe automobile export amount of China will exceeded 5 million units soon," said Cui Dongshu, secretary general of China's National Passenger Cars Association.
Last year, China's shipping giant Cosco Shipping and the top port operator Shanghai International Port Group jointly formed company with automobile logistics specialist Anji Logistics to develop automobile supply chain service.