From May 24th to 25th, China Qufu Auto and Parts Industry Investment Conference was held. Representatives from 95 European and American Industrial Associations, Fortune 500, China Top 500 and other domestic auto parts manufacturers and the Ministry of Transport A total of 150 veterans and experts from the Ministry of Commerce, China Automobile Industry Association and other industry attended the conference. A total of 13 projects were officially signed, with a total investment of 4.8 billion yuan.
The China Merchants Conference attracted 23 companies from the European Automobile Industry Association including BMW, Jaguar Land Rover, Volkswagen, Daimler and other 14 member companies and the world's top 500 companies such as the US ITW Group. Among the 13 projects signed, 12 new energy vehicles with investment of 2 billion yuan, 12 million yuan of self-unloading engineering vehicles, and 500 million yuan of auto parts industrial parks were signed, and signed with relevant research institutes. There is one project of Qufu R&D Center; the total investment of industrial projects is 4.8 billion yuan. After the project is completed and put into production, the annual sales income will be 10.99 billion yuan and the tax will be 932 million yuan. The guests said that this is a high-end, international industrial investment event, the overall effect far exceeds expectations; Qufu has many development advantages, broad market prospects, is a hot spot for one party to invest in the industry. Through in-depth understanding and exchange, two auto parts projects and one new energy vehicle project signed an investment letter of intent on the spot.
On May 24th, 2014, as one of the important agendas and highlights of this investment conference, the seminar on automobile aftermarket and vehicle parts management sponsored by the European Automobile Industry Association and hosted by the Qufu Municipal People's Government was held for the first time in Qufu, BMW, Representatives from 14 member companies including Mercedes-Benz, Fiat, Ford, GM, Jaguar Land Rover, Mann Commercial Vehicle, Porsche, Renault, Toyota and Volkswagen participated. The seminar focused on the automotive aftermarket and vehicle parts management, and made professional interpretations on the purpose, characteristics and principles of the auto repair parts traceability system and the new trends in the automotive aftermarket development.

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