Automobile Industry
updated: 2018-03-10   views:      font-size:【big middle small

 

 Automobile manufacturing is the most shining jewel in the industrial development of Yancheng City. At the end of 2015, the aggregated production and sales volume of Dongfeng Yueda KIA Company, a Sino-South Korean joint venture, exceeded 4,000,000 vehicles. Moreover, there are close to a thousand automobile components and parts enterprises in Yancheng City, which is the largest passenger automobile production base of Jiangsu Province. As our next step, we will focus on the whole industrial chainthe building of one million finished automobiles, key components and parts, after-sales market, automobile testing grounds, and research and development center, and endeavor to increase the business scale covering finished automobiles, components and parts, and tertiary industries to more than RMB 300,000,000,000 in the next 3 years or so. We extend our sincere invitation to automobile enterprises owning well-known brands and core competitiveness to cooperate with us in areas of automobile components and parts production, automobile research, development and design, automobile financing and automobile services. In addition, thanks to the friendly cooperation with South Korea in the automobile industry, Yancheng City is one of the cooperating cities taking part in the construction of the Sino-South Korea Industrial Park conceived in the free-trade agreement between the two sides. The construction of the Sino-South Korea Industrial Park in Yancheng City is strenuously supported by the Ministry of Commerce of the People's Republic of China and the Ministry of Trade, Industry and Energy of South Korea. The industrial park attracts special attention from Jiangsu provincial party committee and Jiangsu provincial government, which published special policies in support of the project. Based on the Sino-South Korea Industrial Park in Yancheng City, we are taking strides in the ten major industries which include automobile, photovoltaic and photoelectric industries, smart manufacturing and heavy high-end equipment. Our efforts will provide enterprises and institutions with more investment opportunities and broader market.

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