Abstract Seizing the opportunity presented by the group transfer of European and Japanese auto parts companies, Guangdong is set to establish five specialized auto parts industrial parks this year. The province also aims to complete 100 investment projects annually as part of its broader strategy to strengthen the automotive industry. The Guangdong Provincial Economic and Information Commission has recently released the "Action Plan for Accelerating the Development of the Auto Parts Industry and Further Improving the Automotive Industry System" for public consultation.
By leveraging international supply chain adjustments and focusing on local industrial upgrading, Guangdong is making a strong push to position itself as a key player in the global auto parts market. The plan outlines a clear roadmap to enhance industrial efficiency, foster innovation, and attract more foreign and domestic investments.
According to projections, within the next 5 to 8 years, the output value of auto parts and vehicles in Guangdong could exceed 300 billion yuan. This ambitious target reflects the region’s confidence in its manufacturing capabilities and strategic location.
In addition, recent economic data shows that industrial activity in Guangdong is gradually recovering. Last year, the added value of large-scale industrial enterprises reached 2.19881 trillion yuan, representing an 8.4% year-on-year increase. Meanwhile, the total retail sales of social consumer goods hit 2.26771 trillion yuan. For this year, the provincial government expects the added value of large-scale industrial enterprises to grow by 8.5%, signaling continued momentum in the region’s industrial development.
This growth is not only driven by policy support but also by a vibrant business environment and strong private sector participation. With these initiatives in place, Guangdong is well-positioned to become a leading hub for automotive manufacturing and innovation in China.Aluminum Spiral High Speed Doors
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