Changsha Holds Auto Parts Cooperation Conference

On January 15, Changfeng, Foton, Zhongtai, Shaanxi Auto, BYD, GAC Fiat and other companies settled in Changsha. Not only did they round up Hunan's “car dream” for many years, but they also became the emerging power and strong driving force for Changsha’s industrial economic development. This morning, the China. Changsha Auto Parts Cooperation Conference was held in Changsha Economic Development Zone, attracting more than 160 representatives of the entire automobile and auto parts and components companies from Fiat Group, Guangzhou Automobile Group, Changfeng Group, and home and abroad.

The cooperation meeting was sponsored by the Changsha Municipal People's Government, organized by the Changsha Economic and Technological Development Zone Administrative Committee and the Changsha Economic Commission, and organized by GAC Group, Fiat Group (China), Fiat Group Purchasing Company and Changfeng Group.

The conference aims to take the opportunity of the Italian Automobile Industry Matchmaking Fair and the “Development Year of the Automotive Industry” of the Changsha Municipal Party Committee and the Municipal Government in 2010 to highlight the favorable investment environment, the development trend of the auto industry and related policy advantages in Changsha and Jingkai District. The mutual understanding and exchanges between the government and enterprises, vehicle manufacturers and supporting enterprises, seeking common development and prosperity, upgrading the supporting capabilities of the automobile industry, accelerating the process of building Changsha as a new automobile industry base in China, and promoting the rapid development of the automotive industry in Changsha .

In recent years, the construction and development of Changsha City have achieved relatively large achievements. Last year, Changsha's GDP reached 330 billion yuan, and local fiscal revenue reached 40.4 billion yuan. In the construction of industrial industries, Changsha is focusing on the development of six major industrial clusters. The automobile and parts industry is one of them. The automobile industry is a key pillar industry for Changsha to promote the construction of a “two-type society”, and it is also the hope of the Hunan people for many years.

In Hunan, there are more than 300 auto and auto parts enterprises above designated size, and the total auto production capacity is 400,000. In 2008, the province’s auto output was 160,000, and the industry’s main business revenue was approximately US$6 billion. Hunan Province has a complete range of automotive products, covering six categories of cars, off-road vehicles, passenger cars, special vehicles, trucks, three-wheeled vehicles and low-speed trucks. Driven by vehicles and parts companies such as Changfeng, Foton, Geely, Zotye and Bosch, Hunan Province has formed an automobile and parts industry cluster centered on Changsha Economic and Technological Development Zone.

Some special vehicle products in Hunan Province have a certain reputation in the domestic and foreign markets, especially the engineering special vehicles and cranes of Zoomlion and Sany Heavy Industry. They have the top market share in the country and some products have been sold to the international market.

Wen Shuxun, deputy mayor of Changsha, said that accelerating the development of the automotive industry is an unwavering strategic choice for Changsha's industrial development. Changsha will continue adhering to the working philosophy of “government creates environment and enterprises to create wealth” and strive to create a high-quality and efficient government environment, a fair and orderly market environment and a safe and secure operating environment to ensure that every company and every merchant is in Changsha. Development is like a duck.

At the meeting, Changsha Economic and Technological Development Zone, various vehicle companies and participating auto parts enterprises also conducted on-site exchanges and docking.

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