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With “Belt and Road” Initiative and Go-Global Strategy, Dongfeng Motor Intensified Expansion in Central Asian Market

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With “Belt and Road” Initiative and Go-Global Strategy, Dongfeng Motor Intensified Expansion in Central Asian Market
News

News

With “Belt and Road” Initiative and Go-Global Strategy, Dongfeng Motor Intensified Expansion in Central Asian Market

2024-07-03 22:30 Last Updated At:22:40

ALMATY, Kazakhstan--(BUSINESS WIRE)--Jul 3, 2024--

In 2013, President Xi Jinping proposed an important initiative to jointly build the Silk Road Economic Belt in Kazakhstan. As a practitioner and promoter of the Belt and Road Initiative, Dongfeng Motor has continuously strengthened cooperation and exchanges with Central Asia and successfully embarked on a road featuring “upholding the beauty of each civilization and the diversity of civilization in the world". From January to May this year, the sales of exported vehicles by Dongfeng to Central Asia and other countries increased by 71% year-on-year, along with a great development trend.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240703611281/en/

Kazakhstan is a key cooperative country in China's high-quality construction of the Belt and Road Initiative. On July 1st, 2024, the opening ceremony of Dongfeng Motor's dealer in Kazakhstan and the delivery ceremony of key customers were successfully held in Almaty. The flagship products such as DONGFENG GX, KL tractor and KC dump truck were mainly introduced to local market customers. Dongfeng commercial vehicle plans to focus on tractors and achieve a market share of 20% in Kazakhstan in the next three years. Dongfeng passenger car and VOYAH are also based on the market environment in Central Asia, gaining in-depth insight into consumer demand and formulating marketing strategies. It is estimated that by 2026, VOYAH will fully complete its strategic layout in the Central Asian market and provide consumers with more quality products and services.

At the just-concluded The 8th China-Eurasia Expo, Dongfeng Motor presented its overall strength with 10 representative models of commercial vehicles and passenger cars, and actively expanded international business cooperation. At the Expo, Dongfeng Motor successfully signed a batch order contract with dealers from Kazakhstan, Uzbekistan and other countries.

With the opening of the China-Kyrgyzstan-Uzbekistan Railway, the transportation location advantage and hub role of Central Asia will be fully released and brought into play. Dongfeng Motor will seize the new era and new opportunities, strive to develop the market layout of traditional fuel and new energy vehicles, constantly expand the area and scope of green cooperation with overseas partners under the framework of the "Green Silk Road", adding new momentum to the "Belt and Road" between China and Central Asia.

Opening Ceremony of Dongfeng Motor Kazakstan Dealer and Dongfeng Activity Site of The 8th China-Eurasia Expo (Photo: Business Wire)

Opening Ceremony of Dongfeng Motor Kazakstan Dealer and Dongfeng Activity Site of The 8th China-Eurasia Expo (Photo: Business Wire)

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Bayern rivals Leverkusen and Dortmund drop points in Bundesliga

2024-10-05 23:49 Last Updated At:23:50

BERLIN (AP) — Bayern Munich won without playing on Saturday as Bundesliga rivals Bayer Leverkusen and Borussia Dortmund dropped points to modest opponents.

Dortmund slumped at Union Berlin to a 2-1 defeat without injured forward Karim Adeyemi, who starred in the team’s 7-1 rout of Celtic in the Champions League on Tuesday.

Defending champion Leverkusen squandered an early two-goal lead over promoted Holstein Kiel and drew 2-2. It was only Kiel’s second point in its debut top-flight season.

Leverkusen played in a special black jersey with red trim to commemorate the club’s 120th anniversary, and for Xabi Alonso it was also a special occasion – the Spanish coach took over exactly two years before.

Leverkusen fans didn’t have to wait long to celebrate after Victor Boniface opened the scoring in the fourth minute and Jonas Hofmann made it 2-0 four minutes after that. Leverkusen looked set for a rout.

But the home team failed to make more of its dominance — Boniface had another goal ruled out for offside — and Kiel secured a lifeline before the break when Max Geschwil scored after a corner. Fiete Arp scored an unlikely equalizer from the penalty spot in the 69th.

Also, Freiburg won at Werder Bremen 1-0, and Wolfsburg enjoyed a 3-1 win in Wolfsburg.

St. Pauli was playing Mainz later.

League leader Bayern visits second-placed Eintracht Frankfurt on Sunday.

Leverkusen's head coach Xabi Alonso reacts during the German Bundesliga soccer match between Bayer Leverkusen and Holstein Kiel at the BayArena in Leverkusen, Germany, Saturday, Oct. 5, 2024. (AP Photo/Martin Meissner)

Leverkusen's head coach Xabi Alonso reacts during the German Bundesliga soccer match between Bayer Leverkusen and Holstein Kiel at the BayArena in Leverkusen, Germany, Saturday, Oct. 5, 2024. (AP Photo/Martin Meissner)

Dortmund's Sebastien Haller talks to a referee during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Dortmund's Sebastien Haller talks to a referee during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Dortmund's Waldemar Anton, left, and Union's Benedict Hollerbach fight for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Dortmund's Waldemar Anton, left, and Union's Benedict Hollerbach fight for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Union's Benedict Hollerbach, left, and Dortmund's Pascal Gross jump for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Union's Benedict Hollerbach, left, and Dortmund's Pascal Gross jump for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Berlin players celebrate after a goal during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Berlin players celebrate after a goal during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Union's Kevin Vogt stops the ball in front of Dortmund's Julien Duranville during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Union's Kevin Vogt stops the ball in front of Dortmund's Julien Duranville during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Dortmund's Sebastien Haller, left, and Union's Christopher Trimmel jump for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024. (AP Photo/Ebrahim Noroozi)

Dortmund's Sebastien Haller, left, and Union's Christopher Trimmel jump for the ball during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024. (AP Photo/Ebrahim Noroozi)

Dortmund's Maximilian Beier outruns Union's Diogo Leite during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

Dortmund's Maximilian Beier outruns Union's Diogo Leite during the Bundesliga soccer match between Union Berlin and Borussia Dortmund in Berlin, Germany, on Saturday, Oct. 5, 2024.(AP Photo/Ebrahim Noroozi)

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