Development areas in Hebei province have played an increasingly important role in receiving accepting transformed capacities from Beijing and Tianjin.
BAIC Group Huanghua Automobile Industrial Park has already started operation and BAIC Rongsheng (Huahuang) Auto Equipment Co., Ltd.’s auto tire assembly project has started construction.
The tire assembly project has an overall investment of 90 million yuan and covers an area of 40 mu, including a new factory, a five-floor office building, a five-floor R&D building, a five-floor dormitory building and 29 units of new equipment.
The project is expected to assemble 600,000 auto tires with expected annual turnover of 521.4 million yuan.
Huanghua Automobile Industrial Park is becoming an integrated industrialbase consisting of auto making, auto parts production, auto export, and logistics.
