September 24, 2012
On September 11, FOTON LOVOL held a grand delivery ceremony of 8,000 Tractors and 8,000 sets of agricultural implements in Ulan Bator. The State Secretary of the Mongolian Ministry of Agriculture and Wang Xiaolong, the Chinese Ambassador to Mongolia attended the ceremony and delivered the speech.
The project includes 8,000 Tractors and 8,000 sets of agricultural machinery for land cultivation, grass cutting and raking, and the contract value is USD 27 million. The project involves a great quantity in a short supply period and requires assembly in Mongolia, as a result of which FOTON LOVOL set up a special working group for hierarchical control and careful implementation of production and organization, focusing superior resources to ensure all work carried on in an orderly manner, and safeguarding delivery of high-quality products on time.
So far, FOTON LOVOL has delivered nearly 4,000 sets of Tractors and agricultural implements to farmers and herdsmen. The delivery is expected to be completed by end of September, which will improve the production and living conditions of local people. FOTON LOVOL will intensify its efforts in market operations in Mongolia, contributing to the economic development of Mongolia.
Collated according to customs data,In October 2024, China's import and export trade volume of construction machinery was 48.$4.1 billion,Year-on-year growth of 24.2%。Among:Imports 2.$3.3 billion,Year-on-year growth of 33.1%;Exports 46.$0.8 billion
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