Europe and South America are China's new eldorado for auto exports. In the first six months of the year, People’s Daily reported. Compared to the statistics of 2005, the value of the country's auto exports to the two regions rose by 520 percent and 117 percent. "The growth indicates that China is expanding into new auto export markets," said Fu Peizhao, a senior engineer with the Automobile Branch of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME). Statistics from CCCME showed that China's auto exports to Europe represent 21.5 percent of the country's total automobile exports. Followed by Africa and South America respectively, Europe now ranks second after Asia.