Exports exponentially increased Guangzhou's auto industry adjustment achieved results

Through strategic cooperation with multinational corporations, the auto industry in Guangzhou has formed a pattern of coordinated development of passenger cars, trucks, special vehicles and auto parts. As of the end of 2007, Guangzhou City had introduced 391 auto and parts industry projects with a total investment of 6.294 billion U.S. dollars and utilized foreign investment of 1.586 billion U.S. dollars, of which 107 projects exceeded 10 million U.S. dollars.

In recent years, through the strategic cooperation with multinational corporations, the Guangzhou automobile industry has entered a period of rapid development and has driven the rapid growth of exports. The construction of Guangzhou's national automobile and parts export base has officially started at the end of March this year. According to statistics from Guangzhou Customs, from January to April of 2008, 21,000 vehicles (including complete sets of Spare Parts) were exported via the Guangdong port, valued at US$280 million, and the volume and value increased by 82.7% and 1.2 times, respectively.

According to the person in charge of the Guangzhou Customs, the export is mainly for small cars. From January to April this year, 16,000 cars were exported via the Guangdong port, an increase of 62.3%, accounting for 78.2% of the total exports of cars at the Guangdong port during the same period; 3,753 trucks were exported. , an increase of 2.5 times.

Automobile exports were mainly based on Sino-foreign joint ventures. From January to April, 16,000 cars were exported through Guangdong ports' Sino-foreign joint ventures, an increase of 61.8%, accounting for 79.4% of the total automobile exports during the same period. The export market is mainly the European Union. There were 14,000 vehicles exported from the Guangdong port to the European Union from 1 to 4 months, an increase of 58.3%, which accounted for 70.1% of the volume of automobile exports during the same period;

Honda (China) spokesperson Zhu Linjie said in an interview with a reporter from China Business News that 1 to 4 months of this year, Honda (China) exports 15,000 cars, and the number of exports is mainly determined by the market demand in Europe. European customers The most recognized is the quality of cars, especially Germany's strict requirements on the quality of cars. Honda has always emphasized quality, and the continuous improvement of quality will naturally drive the growth of quantity. The quantity is only a result.

Zhu Linjie also said that exports have been affected by the continued appreciation of the renminbi, but Honda has taken this factor into consideration before entering China to set up a production base and has conducted detailed assessments and taken corresponding measures.

“The cost of manufacturing cars in countries such as Thailand and Vietnam is lower than that of China, but we chose to set up a production and export base in Guangzhou. On the one hand, China has advantages in parts and components, talents, etc. On the other hand, there is a huge market. We The cars produced here are not only exports, such as Honda Fit, which is mainly exported, but also sold in the Chinese market. Simultaneous sales at home and abroad markets are favorable for expanding the output of the same model and reducing costs, said Zhu Linjie.

Through strategic cooperation with multinational corporations, the auto industry in Guangzhou has formed a pattern of coordinated development of passenger cars, trucks, special vehicles and auto parts. As of the end of 2007, Guangzhou City had introduced 391 auto and parts industry projects with a total investment of 6.294 billion U.S. dollars and utilized foreign investment of 1.586 billion U.S. dollars, of which 107 projects exceeded 10 million U.S. dollars. The automotive industry base was established with the cores of the eastern Guangzhou Honda, northern Dongfeng Nissan, Guangzhou Automobile Hino, southern Toyota Motor and GAC auto brands.

Guangzhou's auto industry has entered a period of rapid development. Its output increased from 38,100 units in 2000 to approximately 788,000 units in 2007, an increase of 19.68 times over 2000, with an average annual increase of 54.15%. The export of automobiles and parts also increased rapidly, from US$37 million in 2001 to US$1.071 billion in 2007, with an average annual increase of 75.23%.

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