皇冠体育app

   

BIZCHINA / Overseas Investment

Tyre makers compete for Chinese market
By Wang Xin (皇冠体育app Daily)
Updated: 2006-06-09 11:46

Especially Changchun, the biggest auto manufacturing base in 皇冠体育app, aims to become one of the world's biggest auto cities, marked by an annual output of more than 1 million automobiles.

The city plans to produce up to 1.2 million vehicles, and export 60,000 vehicles in 2010.

The output value of the city's auto industry is expected to exceed 28.7 billion euros (US$36.4 billion) by that time.

The State-level Changchun High-tech Industrial Development Zone is a key area for developing the auto industry of the city.

Around two-thirds of the auto and component makers in the city are clustered there. The output value of the zone accounts for two-thirds of Changchun's total.

As Jilin Province is adjacent to the Republic of Korea, the two sides have a long history in economic exchanges.

And promoting co-operation between local and ROK companies has long been one of the main tasks of local authorities.

Both Wang Yunkun, secretary of Jilin Provincial Committee of the Communist Party of 皇冠体育app, and Wang Min, governor of the province, have met top executives of Kumho Asiana Group, introducing the province's investment policies.

Meanwhile, the group company has paid close attention to 皇冠体育app's auto industry development and showed great interest in investments in Northeast 皇冠体育app.

In the past year, company officials have paid several business tours around Jilin Province and made an in-depth research on the investment environment of the province.

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