Recently, Shanghai Fleetguard Filter Factory settled in Wuhan Economic and Technological Development Zone of Hubei Province is Wuhan Economic and Technological Development Zone, which will provide strong support for Wuhan to further expand its automotive core parts industry.
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After 20 years of development, as one of the few state-level development zones in China with automobile-oriented industries, Wuhan Economic and Technological Development Zone has gathered many OEMs such as Shenlong, Dongfeng Honda and Dongfeng Passenger Vehicles, and the comprehensive economic strength has been greatly improved. Many economic indicators have leapt to the forefront of the state-level development zones in the central and western regions, making it one of the regions with a high degree of openness and strong industrial agglomeration in the central and western regions.
In 2011, the economic scale of Wuhan Economic and Technological Development Zone has made new breakthroughs. The fiscal revenue exceeded 20 billion yuan for the first time, achieving a total industrial output value of 168.275 billion yuan above designated size, achieving an added value of 49.409 billion yuan for industrial enterprises above designated size, and completing a fixed asset investment of 20.415 billion yuan. 73 new projects were approved throughout the year, with a total investment of 18.062 billion yuan. Among them, the construction of major projects of Dongfeng Honda No. 2 Plant and Shenlong Automobile No. 3 Plant with investment of 7.6 billion yuan and 6.5 billion yuan respectively is progressing smoothly. The first phase project of Gree Electric Appliance Wuhan Industrial Park with an investment of more than 3 billion yuan has been completed, with an investment of 3 billion yuan. Yuan’s beautiful small appliance industrial park was successfully put into operation.
The industrial structure adjustment of the development zone has achieved remarkable results. The tertiary industry accounts for more than 10% of the GDP. The large-scale urban complex was opened in 10 months after opening the Wanda Plaza. The development space of the development zone has been expanded, and a cooperation agreement has been signed with Honghu City to jointly build the Xintan Industrial Park of the Wuhan Economic and Technological Development Zone, focusing on the development of the auto parts industry. After the completion of the production, the output value will reach 100 billion yuan. “Manufacturing is an important support for the Wuhan Economic and Technological Development Zone. In 2012, we will continue to focus on the industrial development of “Strengthening the pillars, adjusting the structure, and promoting the upgrading†and focus on the development of modern manufacturing.†Wuhan Municipal Party Committee Standing Committee, Wuhan Economic and Technological Development District Party Committee Secretary Zhu Yi said.
In 2012, Wuhan Economic and Technological Development Zone of Hubei Province will accelerate the development of automobile vehicle projects with an investment of more than 5 billion yuan, and strive to achieve 2 million vehicle production capacity in 2015; actively promote the production of Dongfeng pure electric vehicles and Dongfeng Smith commercial vehicles. The Shantui special vehicle project settled. At the same time, Wuhan Economic and Technological Development Zone will vigorously develop the automotive core parts industry, in addition to promoting the contracted Japan Seiki instrument, Delphi Automotive, and the US TRW Automotive Brake System, which will be put into production this year. It will also actively introduce key components such as Bosch Fuel Injection System, Delphi Fuel System, Honda Engine and Transmission, French Coat Body Parts, Magna Car Lock Control, etc., and focus on the development of automobile trade, automobile R&D, automobile display, and automobile. Derivative industries such as logistics, automobile information, and auto finance extend the value chain.