Foton Motor Commercial Vehicles Powering the Belt and Road Initiative

www.chinatrucks.com: From May 14 to 15, the Belt and Road Forum for International Cooperation was held successfully in Beijing, China. More than 1,500 attendees were heads of state and government from 29 countries had attended this event. Foton Motor, which had served high-end international conferences such as APEC, G20 and World Expo, provided Aumark light-duty trucks and Toana vans for the forum, and accomplished the mission of transporting high-ranking government officials.

Foton has taken a further step forward under the "Belt and Road" initiative by integrating the technologies and operation experience of two joint ventures-Beijing Foton Daimler Automotive Co., Ltd. (BFDA) and Beijing Foton Cummins Engine Co., Ltd (BFCEC), and duplicating them to local markets during global industrialization to boost local industrial upgrading.

Because of this, Foton has grown amid the slowdown of the global economy and the continuous decline in China's export. In 2016, Foton's annual sales were up 9 percent year on year. Based on an objective evaluation of its existing business results and future orders, Foton's exports are expected to grow by around 20 percent in 2017.

From the countries along the "Belt and Road" to the world, from product export to global industrialization, as a new symbol of China's manufacturing, Foton Motor is becoming a technology-driven world leading automaker under the "Belt and Road" initiative.

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