Qingdao auto industry new city, located in Jimo District, Qingdao, has developed into a main battlefield of Qingdao auto industry 3 years after completion. “Large and medium-sized enterprises of Qingdao auto new city is expected to achieve a total industry revenue of CNY60 billion at the end of this December, taking another concrete step towards the 1st target of 100 billion,” vice director of Qingdao auto industry city management committee Xing Hui’an said.
Auto industry landscape supported by 3 whole vehicle companies, FAW-VW, FAW-Jiefang, Jiefang NEV, and 4 special vehicle companies, Hailong, Hirenown, Kent and Jiuhe Heavy Machinery now basically established in the new city. it has introduced more than 130 auto projects, including FAW-VW, FAW-Jiefang commercial vehicle, total investment reaches CNY50 billion. Those projects cover sedan, commercial vehicle, reformed vehicle and all kinds of auto parts. A pretty completed auto industry chain has been established. Projects show their influence in forming industry chain.
The new city is heading to high-tech level. It signed cooperation agreement with China Auto Tech Research Center (CATRC), and is actively boosting construction of projects like CATRC smart networked auto innovation base, CIIA smart networked auto information security lab, smart auto model area, promoting auto industry to high-end and smart development.