"First Financial Daily" recently learned that according to Chen Mingde, deputy mayor of Guangzhou City, according to Guangzhou's auto industry strategy concept, Guangzhou will play a full vehicle manufacturers radiating effects, in the future will focus on supporting the development of secondary and tertiary components supporting industries. The purpose is to make Guangzhou an important global auto parts supply base.
In Chen Mingde recently led a trade delegation to Japan for an investment and exchange meeting, Guangzhou City has signed 36 contracts or cooperation intention projects on investment themes such as auto parts and components, with a total investment of 1.42 billion yuan, of which contractual foreign investment is about 370 million US dollars. . At present, Guangzhou is forming an automotive industry in the east, north, and south with Dongfeng Nissan, Guangzhou Honda and Guangzhou Toyota as the core. According to reports, around 400 foreign-invested parts and components companies have settled in Guangzhou around Honda, Nissan and Toyota.
Since the beginning of this year, the three major vehicle companies in Guangzhou have accelerated the pace of market expansion. To this end, in the vicinity of the three major vehicle manufacturers, Guangzhou City plans several major automotive component supporting parks.
In 2005, the total vehicle output value of Guangzhou reached 63 billion yuan, the production value of parts and components reached 16.3 billion yuan, and the ratio of production value of parts and vehicles was only 0.3:1. If there is a 1.7:1 ratio of internationally-accepted parts and vehicles, there is still considerable room for the development of the parts industry in Guangzhou.
“Guangzhou's plan to build a parts and components industrial base is also an important step for Guangzhou's integration into the global development strategies of the multinational automotive companies.†said Jin Yongsheng, an analyst at Guangzhou Xinhuaxin Automotive.
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