China's new energy vehicles exports continue their strong performance in European markets, with a huge cargo ship carrying over 7,000 home-made vehicles embarking for Europe on Tuesday from Jiangsu Province in east China.
Anji Soundness, the world's largest methanol-ready cargo ship, set sail from Taicang Port in Suzhou City. Onboard were vehicles from prominent domestic brands such as MG Motor, Geely, and Xiaopeng.
"By mid-2025, MG's cumulative overseas sales have surpassed 3 million units, with exports to developed countries accounting for more than 50 percent," said Ge Siliang, head of Public Relations, Brand Division of MG Motor.
Ge added that new energy vehicles from MG Motor are destined for various European countries including the UK, France, Germany, and the Netherlands, highlighting the European market's increasing appreciation for China-crafted automobiles.
The latest data revealed that from January to May, China exported 2.49 million vehicles, marking a year-on-year increase of 7.9 percent. Among these, 855,000 were new energy vehicles, reflecting an impressive year-on-year growth of 64.6 percent.
China's NEVs set sail for Europe
President of the Republic of Korea (ROK) Lee Jae Myung said on Wednesday that his country and China can build a mutually beneficial relationship amidst competitions.
At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office in June 2025.
In an interview with the China Media Group (CMG) in Seoul, capital of the ROK, on Wednesday, Lee said that the ROK and China both place great importance on the development of high-tech fields, and this inevitably creates competitions between the two countries, but will also presents ample cooperation opportunities for both sides.
"To my knowledge, the Chinese government has made tremendous efforts in high-tech investment, research and development investment, and the talent cultivation in the field of basic research, just as the ROK has done. From this perspective, the ROK and China share similarities in economic growth strategies, which certainly creates competitions between the two countries, but it also presents broad cooperation opportunities for both sides. I believe that if we can explore areas for cooperation amid competitions and enhance our respective strengths through cooperation, we can build a mutually beneficial relationship that not only supports China's sustainable development strategy but also promotes ROK's growth strategy," Lee said.
ROK president eyes mutually beneficial relationship with China amid competitions
