BUSINESS

7 out of 10 motorbikes in Myanmar made by one Chinese company

2017-05-09 15:51 GMT+8 2483km to Beijing
Editor Xie Zhenqi
By CGTN’s Meng Qingsheng
At China's border city of Ruili, test drivers are nearing the completion of their motorcycle production. These motorbikes will soon be taken to a nearby border pass for sale in Myanmar. 
According to Fang Wei, Deputy General Manager of Yinxiang Group, 80 percent of their motorbike production goes to Myanmar, with 10 percent‍ going to India and the rest supplying Thailand and Laos. They’re planning to expand businesses to South Asia, including India and Bangladesh.
Yinxiang Group in Ruili Industrial Park supplies more than 70 percent of the total motorbikes in Myanmar. /CGTN Photo
Seven out of every 10 motorbikes in Myanmar are made by Yinxiang Group. The company has more than 500 franchised stores operating in the country. 
Customers from Myanmar say the road conditions in some areas of Myanmar are not very good, so it makes sense to ride motorbikes in Myanmar because. Besides, the price of Chinese motorbikes is reasonable.
Jiegao border pass is located 6 kilometers southeast of Ruili and is part of Yunnan province. /CGTN Photo
The Jiegao border pass is the biggest of its kind in China along the border with Myanmar. Every day, more than three thousand newly-produced motorbikes cross over to the Myanmar side with many then going on to neighboring countries like Bangladesh and India. The increase in trade is part of the "economic corridor" which aims to promote connectivity.
It’s called the Bangladesh, China, India and Myanmar Economic Corridor project (BCIM). It was proposed by Chinese Premier Li Keqiang a few years ago with a goal toward improving economic trade among the four-member countries. 
The city of Ruili has finished building the basic facilities and is ready to embrace the change. /CGTN Photo.
The "economic corridor" covers nearly two million square kilometers. The plan includes China’s Yunnan Province, Myanmar, Bangladesh, and Eastern Indian. It requires the construction of a network of extensive railways and highways. 
Rui Hongcheng, Deputy Director of Ruili Pilot Zone, says, previously, they had no industrial facilities at Ruili. Production changed after they decided to integrate into the Bangladesh, China, India and Myanmar Economic Corridor. 
Over the years, they’ve improved the industrial capacity and boosted local economy.
Yinxiang Group designs three to five different types of motorbikes each year. It caters to the diversified demands of young customers. /CGTN Photo
The company says the next step will be to upgrade its engine technology and environmental protection standards, with the ultimate goal of competing in a bigger market. 
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