Ningbo Hangzhou Bay New District will build automotive industry base

Automobile and parts industry is a key focus on creating Ningbo cultivate one of 100 billion industry, but also focus on the development of Ningbo Hangzhou Bay New Area leading industrial transformation and upgrading of the leading industry. In 2012, the Hangzhou Bay New District will accelerate the construction of a large industrial platform dominated by the automobile industry, amplify the agglomeration effect of the Shanghai Volkswagen, and focus on the introduction of a number of large projects and good projects with international influence, leading and leading role in industrial transformation and upgrading. We will strive to newly introduce 3-5 of the world's top 500 corporate projects, more than 5 domestic top 500 corporate projects, and invest more than 20 million yuan in modern industrial projects.

“The Twelfth Party Congress of Ningbo proposed to build an industrial base of RMB 100 billion. This is an opportunity for development in Hangzhou Bay New Area!” Recently, the Standing Committee of the Ningbo Municipal Party Committee and Zhou Jiangyong, Secretary of the Party Committee of Ningbo New District of Hangzhou Bay were interviewed by reporters. At that time, the Hangzhou Bay New District of Ningbo is a strategic platform for implementing the national strategy and developing the marine economy in Zhejiang and Ningbo. After a decade of early development, the Hangzhou Bay New Area has cumulatively introduced more than 300 corporate projects from 25 countries and regions around the world. The total investment of the project is nearly 80 billion yuan; the accumulated investment in infrastructure has exceeded 10 billion yuan.

The total automobile output value of Hangzhou Bay New Area is expected to exceed 100 billion yuan in 2015

In recent years, Ningbo Hangzhou Bay New Area has been focusing on the construction of an industrial platform dominated by the automobile industry. In particular, as Shanghai Volkswagen's first-phase production of 300,000 vehicles and Geely Automobile's annual production capacity of 220,000 vehicles have settled down, the two major vehicle projects have taken the lead, South Korea’s Wandu, France’s Virginia, and the United States. A group of high-end automobile core parts and components companies such as Visteon, USA Johnson, etc. are the supporting automobile industry chain. It is estimated that by 2015, the total automobile output value of the entire new area will exceed 100 billion yuan.

In the future, the Hangzhou Bay New District will also accelerate the development of advantageous industrial clusters such as smart industrial parks, marine equipment industrial parks, new materials, new energy, and modern equipment manufacturing. “Hangzhou Bay New Area is becoming one of the most distinctive and development potential areas in Zhejiang and the Yangtze River Delta with its comprehensive advantages of superior location, space, ecology, and industrial facilities,” said Zhou Jiangyong.

It is gratifying that at the promotion meeting of the Shanghai Volkswagen Ningbo Base Supplier Park and Ningbo International Automobile (Parts) Industrial Park held on March 7, 2012, the first batch of 30 projects were signed on the spot, including the top 100 global automotive industry. There are seven corporate investment projects involving automobile interior and exterior decoration, automotive chassis, automotive electronics, automotive logistics, and other categories, with a total investment of 4.8 billion yuan.