Large Auto-making Center to be Built in NE China City

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Last updated at: (Beijing Time) Friday, July 12, 2002

Large Auto-making Center to be Built in NE China City

A large automobile manufacturing base, dubbed the "International Automobile City", is to be set up in Shenyang, the capital of northeast China's Liaoning province.

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A large automobile manufacturing base, dubbed the "International Automobile City", is to be set up in Shenyang, the capital of northeast China's Liaoning province.

As one of the main industrial bases in China, Shenyang plans to invest 20 billion yuan (2.4 billion US dollars) to build the new industrial center, which will cover 30 sq km.

The project is expected to be launched at the end of the year, and to be completed by 2005.

The industrial center is designed to have an annual capacity of 100,000 vehicles, generate 50 billion yuan (6 billion US dollars) in sales, and create 100,000 jobs.

Dadong District, where the project is located, currently has four automobile plants, three car-engine manufacturers, three car-remolding factories, and over 20 workshops to make parts and fittings, with a yearly output exceeding 10 billion yuan (1.2 billion US dollars).

According to official figures, Shenyang's auto industry produces a quarter of the country's automobile products, and last year, it achieved 18 billion yuan (2.17 billion US dollars)`in sales.

The new industrial base will include seven zones, namely, a car-assembly zone, a parts and fittings manufacturing zone, a research and development center, a trade center, a distribution center, a testing ground, and a parking area.

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