Photo
      Policy Briefing
      Governmental Regulations
      Business News
      Auto
      Finance
      Telecom
      Foreign Trade
      Economy of China
      Foreign Investment
      Development Zones
 Investment FAQ
      16. What are the rules for foreign shipping companies to set up their solely owned companies in China?
      17. What are the conditions for establishing Chinese-foreign equity and contractual joint venture medical institutions within Chinese territory?
      18. What are the rules for establishing foreign-funded commercial enterprises in China? (1)
      18. What are the rules for establishing foreign-funded commercial enterprises in China? (2)
      19. What are the regulations concerning taxes for enterprises with foreign investment and foreign enterprises engaged in consultation business?
      20. Are foreign businesses allowed to invest in cinemas? What are the relevant regulations?
Chery QQ Makes Good Start in Indonesia

2006-10-12 11:35:05

 

  

Since its launch on the Indonesian market last month, Chinese small car Chery QQ has booked sales of 200 units with more on the waiting list, the local distributor said Wednesday.

 

"We don't expect the demand will be quite big. We also have orders on the waiting list," said Gunadi Shinduwinata, president of the country's leading automotive distributor Indomobil Group.

 

Given the promising market, Indomobil plans to open 11 new outlets across Java and Bali islands, he said.

 

Manufactured by Chery Automobile Co. Ltd., the 800-cc car is priced at around 67 million rupiah (US$7,334), available in standard and luxury models.

 

The manufacturer claimed Cherry QQ has the best mileage in its class, with 25 km per liter of gasoline.

 

Indomobil has targeted sales of 1,000 units by the end of the year.

 

(Xinhua News Agency October 12, 2006)

 


 Font Large Medium Small
 Recommend to friends
 View comments on this article
 Most E-Mailed Articles(Most Popular)

Related Articles

Untitled Document
   Recommendation
A wild weekend in Inner Mongolia
Next to Tibet, Inner Mongolia is one of China's most extraordinary places. You'll be fascinated by the mystique of its stunning grasslands, the Gobi desert, the energetic Naadam festival and the Mongolian way of li...
Giant octopus back to the ocean
It's real people and it's a COS play, let's take a look...
Sex And the Chinese Cities

Remember the winner of the 1960 Best Picture Oscar The Apartment? Director Billy Wilder's bittersweet...