Follow Portugal Investment Immigration and Life in Portugal: A Portuguese company will participate in an exhibition in Shanghai from October 21 to 25, showcasing its collection of classic cars. As China is still in the early stages in this field, the company hopes to open up business opportunities in China through this exhibition.
This exhibition is a collaboration with international luxury brands and is held at a private club. Recently, the exhibition moved from Beijing to Shanghai, with two teams from Portugal participating in this event.
Jean Azeredo Leblanc, Chairman of the Classic Cars Club (ECC), stated to reporters that the prices of classic cars have appreciated nearly 400% over the past decade, which is particularly noteworthy in China.
The Portuguese competitive team led by Carlos Tavares brought a 1982 Jaguar C and a 1969 Mercedes SE to the exhibition.
ECC established the AzTa Group in Porto, Portugal this year, which specializes in entering the Chinese market and has formed a friendly partnership with the Chinese Classic Cars Club.
In addition to the aforementioned classic cars, Jean Leblanc and Carlos Tavares also brought four classic cars, including a 1964 Chevrolet Corvette and a 1973 Jaguar E, with each vehicle costing approximately 130,000 euros.