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3rd China Commercial Vehicle Summit

Noppen’s 3rd China Commercial Vehicle Summit, which was supported by the Wuhan Municipal Government, took place June 20th &21st in Wuhan which is located in China’s Hubei province. The event brought together major players to discuss the future of the Commercial Vehicle industry and China’s role in it. China possesses a whopping 50% of the world’s commercial vehicle market which has been steadily on the rise since 2010. This steady growth is ready to accelerate, and this year the Hubei province will be the new home to the biggest commercial vehicle industrial base in China. According to the “twelfth five year plan”, this industrial production will achieve 300 billion RMB.

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