In 2024, 1.1 million Chinese cars were imported into Russia for an amount of about 21 billion dollars, said the Russian Ambassador to China, Igor Morgulov.
According to him, Russia is one of the largest buyers of automotive equipment from China. Total exports of Chinese cars over the past five years have increased sixfold, to almost 6.5 million units.
The Chinese automotive industry is one of the most dynamic developing industries, which at the end of last year took a leading place in its contribution to the Chinese economy, providing about 10% of the national GDP.
The diplomat added that 10–15 years ago it was impossible to imagine that China would become the world's largest supplier of cars.
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