Growing industrial park as a global business center


BEIJING, October 18, 2022 /PRNewswire/ — A news report from chinadaily.com.cn:

Leading German auto parts maker Webasto announced in July that it will build a global research center at the Sino-German International Industrial Park in wuhan, hubei Province.

Also in the industrial park, which was inaugurated by the governments of both countries, the industry giant founded its largest plant in the world three years ago.

The factory is capable of producing 2,000 sunroofs per day and achieved a production value of billion yuan ($146.9 million) last year.

zhang lihuaPresident of Webasto China, said the industrial zone offers companies a favorable business climate, thanks to its large pool of talents and quality services.

“It only took us about 100 days from signing the contract to opening the factory thanks to the services,” Zhang said.

More than 100 companies, including 58 from abroad, have launched in the park, forming four major industries of electronic information, auto parts, smart equipment and smart home.

“We installed a special window in our service room to help companies with their problems,” he said. yuan yangdeputy director of Zhashan sub-district in Caidian district, where the industrial park is located.

“In addition, we have a colleague who works as a ‘business assistant’. He maintains close contact with companies and offers on-site services if required.”

Katsuzawa Takayuki, CEO of the Japancompany based in Topre’s wuhan branch, said the assistant responds efficiently to requests from companies, including those related to labor registration and employment procedures.

“This efficiency has put us at ease and allowed us to focus on research and production,” he said.

The industrial park plans to bring in 20 new German-funded companies by 2025 and achieve an industrial output value of 100 billion yuan in the next five years, according to local officials.

wuhan has worked to expand its trade and economic cooperation with foreign partners in recent years.

Official data showed that the number of foreign capital companies in wuhan reached 6,555 in 2021, 4.58% more than the previous year. A total of 306 Fortune Global 500 companies had invested in the city as of 2020, including 18 of Germany.

As one of the key projects for PorcelainFrance The Sino-French cooperation of the Wuhan Ecological Demonstration City, launched in 2014, is progressing smoothly.

The eco-city covering 39 square kilometers in Caidian district aims to facilitate bilateral exchanges of experience and technologies in green urbanization while promoting cooperation in culture and tourism, local officials said.

During the 14th Five-Year Plan period (2021-25), the city plans to implement 118 projects involving industries, transportation, environmental protection and public services, according to the ecological city management committee.

All initial construction projects will be completed by 2025 and the city will have a residential capacity to house 120,000 people, the committee said.

wuhan has also participated in the Belt and Road Initiative operating PorcelainEurope freight trains.

PorcelainEurope freight trains (wuhan) has launched 30 routes since its opening in 2012, linking the city with 76 cities in 34 countries in Eurasia.

Freight train services not only provide local businesses with an international trade channel, but also promote foreign trade of neighboring cities such as Yichang and Xiangyang, local officials said.

wuhan welcomed a total of 240 China-Europe freight train travel in the first half of 2022, a year-on-year increase of 62 percent.

SOURCE chinadaily.com.cn


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