· In 2025, strive to achieve an annual output value of 1 trillion yuan in the automotive industry

On the 17th, the Guangzhou Municipal Government Office officially issued the "Guangzhou Auto Industry 2025 Strategic Plan" (hereinafter referred to as "Planning"), which put forward clear goals: By 2025, Guangzhou's total automobile production capacity will reach 5 million, and strive to scale production and sales. China's automobile manufacturing base is the first, and strives to achieve an annual output value of 1 trillion yuan in the automobile manufacturing industry.
In 2017, the city's automobile production capacity was 2.36 million units.
According to the “Planning”, thanks to the good business environment in Guangzhou, the three major Japanese brands (Honda, Nissan, and Toyota) have settled in Guangzhou, laying the foundation for the Guangzhou automotive industry. The establishment and development of Guangqi Chuanqi's own brand, Jeep, Beiqi, etc. have also been introduced, initially forming a diversified automobile brand pattern jointly developed by Japanese brands, Chinese brands and European and American brands. In 2017, the city's automobile production capacity was 2.36 million.
In 2017, the scale of vehicle production in Guangzhou ranked first among the largest automobile cities in China. The total industrial output value of Guangzhou's automobile manufacturing industry reached 514.2 billion yuan, accounting for 28.5% of the total industrial output value of Guangzhou's above-scale industries, up 17.4% year-on-year. The industrial output value reached 1364 billion yuan, a year-on-year increase of 14.4%. The sales volume of GAC's “Chuanyu” brand has achieved continuous high growth in production and sales for 7 consecutive years. In 2017, the sales volume reached 508,600 units. The GS4 and GS8 models continued to sell well. The Guangzhou Automobile “Guanzhu” brand has become a new business card created in Guangzhou.
Strive to be the first in China's automobile manufacturing base
According to the Plan, by 2020, Guangzhou's total automobile production capacity will reach 3 million units, and its production and sales scale will remain at the top three in China's automobile manufacturing base, striving to achieve an annual output value of 650 billion yuan in the automobile manufacturing industry. By 2025, Guangzhou's total automobile production capacity will reach 5 million units, and strive to achieve the largest scale of production and sales in China's automobile manufacturing base, and strive to achieve an annual output value of 1 trillion yuan in the automobile manufacturing industry. The number of Chinese brand cars in Guangzhou has reached 2.5 million units in the country, and the production and sales scale ranks among the top three in China. Guangzhou's new energy vehicle production capacity reached 1 million, entering the top three in China.
The "Plan" proposes that by 2020, it will cultivate a car company that has exceeded 1 million production and sales, and has produced and sold more than 1.5 million vehicles by 2025, ranking among the top three Chinese brands.

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