Li Keqiang Experiencing China's Export of Passenger Cars in Cuba Exploring Chinese Equipment "Going Out"


China News Service, Havana, September 25. On the afternoon of September 25, local time, Premier Li Keqiang of the State Council of the People's Republic of China in Yugoslavia, Cuba, experienced the Yutong buses exported by China and inspected the "going out" of Chinese equipment.


Zhengzhou Yutong Bus Co., Ltd. is one of the Chinese-funded enterprises that entered the Latin American and Caribbean region earlier. Since its large-scale entry into the Cuban market in 2005, Yutong Bus has occupied more than 90% of the Cuban passenger car market, making it a well-known Chinese equipment brand in Cuba.

Li Keqiang asked in detail about the company's production, sales and service support in Cuba. The person in charge told the Prime Minister that over the past 11 years, Yutong buses have exported more than 5,000 buses to Cuba. All parts and components are produced by Chinese companies or joint ventures in China. At the same time, Yutong also cooperated with a car manufacturer in Cuba and assembled and produced more than 1600 passenger cars in the local market, all of which are Chinese brands and Chinese technologies.


Li Keqiang also boarded a Yutong bus belonging to a Cuban local tourism company and exchanged it with bus drivers to inquire about the vehicle driving experience. The driver said that he started driving this passenger car from China 6 years ago and felt very satisfied. Chinese passenger cars start quickly, have high stability and comfort, and have never had any safety problems.

Li Keqiang said with satisfaction that after Yutong Bus entered the Cuban market, it not only supported Cuba’s economic construction, improved local traffic conditions, met people’s living needs, but also promoted local employment through joint venture production. This is a model for “going global” in China's equipment manufacturing industry. He encouraged business leaders to work hard to spread the wider Caribbean and Latin America, to China's equipment "going out" and deepen cooperation with relevant countries to expand more space.

Li Keqiang emphasized that carrying out international capacity cooperation to promote Chinese equipment "going out" is conducive to realizing the transformation of foreign trade from "big forward and big out" to "advanced best and best out". Equipping enterprises must not only play a high cost-effective competitiveness, but also practice "internal strength" in terms of quality, technology, and service, and increase the added value of China's equipment exports. To participate in the international market competition, we must force the transformation and upgrading of China's equipment manufacturing industry to the mid-high level. (Finish)

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