Guangzhou Huadu is likely to form a global automotive parts manufacturing center. Experts of all sides are generally optimistic about this prospect. Lin Yuanhe, executive deputy mayor of Guangzhou, believes that in the future, the output value of the Huadu automobile industry will exceed 100 billion yuan.

Long Yongtu looks at Huadu Auto City

At the 2004 Automotive Industry Development Forum held in Huadu, Guangzhou, the participating experts generally believed that the development focus of the Huadu automobile industry should be on parts and components.

Long Yongtu, secretary general of the Asia Forum, pointed out at the meeting that the global shift in the automotive industry is becoming a major trend. The automobile city like Huadu should be replayed in the spare parts industry. This is also the inevitable result of China's private capital and other capital entering the automobile industry. It is the inevitable result that China is not allowed to have more vehicle development policies.

Long Yongtu suggested that the development of auto parts and components not only meet the domestic market, but more importantly, it aims at the vast export market. Now that such logistics companies as FedEx Express have moved their Asian headquarters to Guangdong, Huadu has become a global automotive parts manufacturing center and has created very good conditions for China's major component export bases. Huadu Automobile City will focus on the development of auto parts, not only for the development of the entire Chinese automobile industry, but also for the development of the entire global automotive industry.

Influencing the global automotive industry

Zhang Xingye, Honorary Chairman of the China Association of Automotive Engineers believes that Huadu Automobile Industry Base is located in the provincial capital, with convenient transportation and prosperous markets. Huadu is thus the most suitable area for investment in China's automobile industry and its parts and components industries, and will attract some international Parts factories, including domestic parts factories and Huadu investment, Huadu's status will play a decisive role in China's southern automobile industry group.

Lin Yuanhe, deputy mayor of Guangzhou, who participated in the forum, said that Honda, Nissan and Toyota's three major Japanese automakers have gathered in Guangzhou to form auto industry clusters with auto parts companies located in the surrounding areas of Guangzhou. The flowers form a section of the Guangzhou Automobile Industry Base. The government will use the advantages and effects of industrial clusters to accelerate the development of the Guangzhou automobile industry. In 2005, the production of cars in Guangzhou will reach 400,000 to 500,000, and the sales revenue will exceed 1,000. Billion. In 2010, it will reach more than 1.3 million units and achieve sales revenue of more than 300 billion yuan. Among them, in 2010, Huadu automobile and related industries output value can exceed 100 billion yuan.

Industrial agglomeration effect

At present, in Huadu Automobile Industry Base in Guangzhou, in addition to Dongfeng Motor Co., Ltd. and its R&D center, there are Guangzhou Hitachi U.S. Auto Parts Co., Ltd., Guangzhou Uniy Stamping Co., Ltd., Guangzhou Wanbaojing Auto Parts Co., Ltd., and Guangzhou. Chuanyu Automotive Parts Co., Ltd., Japan Kinugawa Rubber Industry Co., Ltd., Kaida Auto Steel Parts Co., Ltd., and Itochu Marunouchi Iron & Steel Co., Ltd. and other 40 large and medium-sized automotive companies have settled down. Huadu Automobile City integrates the functions of automobile manufacturing and parts production, automotive R&D, automobile trading, and automobile logistics into one, and initially forms an industrial agglomeration effect.

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