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The international financial crisis has aggravated the manufacturing slump in Western countries, but it has brought development opportunities to the development of domestic manufacturing. The reporter learned today that Jinan, as a heavy-duty vehicle manufacturing base, recently attracted numerous international auto parts giants to invest in factories or seek cooperation opportunities.
A few days ago, Cui Yingbo, the commercial commissioner of the Canadian Embassy in charge of automobiles and machinery manufacturing, made a special trip to Jinan. He said that Canada has internationally advanced auto parts manufacturing and R&D systems, and a number of auto parts companies are supporting North American and European mainstream markets. However, with the advent of the financial crisis, the original market was extremely sluggish. Canadian companies began to pay attention to the Asia Pacific market, especially the Chinese market. During this visit, he was deeply impressed with the intensified production scene in the heavy car room. He hoped that Canadian auto parts companies could establish a professional cooperation platform with related companies in Jinan.
After the world’s top 500 companies, the German ZF Group, set up a plant in Jinan to support the production of automobile steering gear for heavy-duty trucks, the German VOSS company, which produces hose joints, will also build a plant in Jinan. At the end of last month, Continental Group, the largest manufacturer of heavy-duty truck parts in Germany, just held a signing ceremony in Jinan Lingang Economic Development Zone. The total investment of the Continental Group will reach 320 million yuan for the production of heavy truck components for heavy-duty trucks, which is expected to be completed by the end of this year.
“In the financial crisis situation, the advantages of Jinan heavy truck base are more attractive to some international giants.†Li Yuming, chairman of the Shanghai Municipal Committee for the Promotion of International Trade, said: “The financial crisis has had an impact on Jinan’s manufacturing companies, but it has affected foreign competitors. More important, international heavy trucks and parts and components companies have settled in Jinan, which will promote the upgrading and development of heavy truck industry in Jinan."