Nanchang wants to build a global auto parts base

Nanchang News reporter Xiong Chunyu reported: At the 2006 Ford Global Supplier (Nanchang) Investment Matching Conference, it was revealed that Nanchang is making a concerted effort to establish a six-hour economic circle centered around Jiangling for the first time in two years. This initiative aims to position the city as a key player in the global automotive market, with a strong focus on developing a robust auto parts industry base. According to the conference, Ford Motor Company's annual procurement volume in the Asia-Pacific region amounts to between $70 billion and $90 billion. Jing Mel, Ford’s Asia-Pacific Regional Director of Purchasing, led over 30 global suppliers to Nanchang, signaling a commitment to deepen collaboration with Jiangling. The visit also emphasized plans to "infuse" new energy into Jiangling’s upcoming projects. A local official stated that Nanchang aims to reach a production capacity of 300,000 vehicles within three years, expanding to 500,000 units in 5 to 10 years. The city is also targeting 5 billion yuan in fixed asset investment within two years, with projected net sales exceeding 5 billion yuan. By building on Jiangling’s foundation, Nanchang hopes to expand its influence across a 6-hour economic zone and eventually become a global hub for auto parts manufacturing. Currently, the automobile and auto parts industries account for 17% of the city’s economy. By the end of the “Eleventh Five-Year Plan” period, this share is expected to rise to 25%, marking a significant shift toward a more industrialized and export-oriented economic structure.

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