Changchun International Automobile City is realizing its ambition

2020-05-28    JL.gov

FAW Group (the 87th company on the Fortune Global 500 list) is the core strength of Changchun International Automobile City.
Highly intelligent vehicle production line.  
 
Since the approval of Changchun International Automobile City Plan (2020-2035) on February 12, 2020, relevant enterprises at home and abroad have swiftly acted to seize the opportunity for development. From the launch of the pilot innovation base project for new energy and intelligent & connected vehicles of FAW Group’s R & D institute to the start of the construction of Xihu Park project, a number of strategic investors such as Tencent, iFlytek, Huazhi, Linglong, Shenshang, EGO and Silk EV have come in a continuous stream during the first two months after the Changchun International Automobile City Plan was approved. 
 
Due to the impact of global pandemic, the automobile market has contracted on the whole. Against this background, FAW Group achieved a sales volume of 330,500 vehicles in April this year, up 20.4 percent year on year, including 14,500 vehicles of Hongqi brand with a year-on-year increase of 168 percent. There are five automobile manufacturers—FAW-Hongqi, FAW-Jiefang,FAW-Bestune,  FAW-Volkswagen and FAW-Fengyue and 13 special vehicle companies in the Changchun Automobile Economic and Technological Development Zone, forming a product pattern of three major series—medium truck ,heavy truck and sedan with multiple vehicle models. In 2019, 2.889 million vehicles were produced, a year-on-year increase of 4.4 percent, and 2.847 million vehicles were sold, a year-on-year increase of 1.8 percent. The regional GDP of the whole zone reached 98.91 billion yuan, the total output value of the industries above designated size reached 495.718 billion yuan, the total revenue reached 8.993 billion yuan, and the investment in fixed assets reached 16.091 billion yuan. The Changchun Automobile Economic and Technological Development Zone has become the largest development zone in the national automobile industry. 
 
The Changchun Automobile Economic and Technological Development Zone and FAW Group are working together to establish a supporting system of auto parts with a radius of 100 kilometers to attract core auto parts companies. At present, a number of major projects have been implemented such as the Linglong tire with an investment of 4.89 billion yuan, the pilot innovation base project for new energy and intelligent & connected vehicles of FAW Group’s R & D institute with an investment of 3 billion yuan, the standard workshop of Herun Industrial Park with an investment of 1.5 billion yuan, the Fusai Automobile Electronics Industrial Park with an investment of 1.48 billion yuan, the FAW-Volkswagen NDC new technology development center with an investment of 1.02 billion yuan and the FAW-Volkswagen spare part base. Over the first four months of this year, 213.3 hectares of industrial land in the whole zone has been sold, and 80 hectares more is to be sold.
 
Based on the strategies of the revitalization of Northeast China, the "one pillar, six double" of Jilin province and the "four regions" of Changchun city, as well as the joint efforts of FAW Group, Jilin province, Changchun city and the Changchun Automobile Economic and Technological Development Zone, Changchun International Automobile City is strongly rising as a brand new leading area in the international automobile industry with the advantages of the favorable environment, conditions and popular support.