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15 July 2015

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Hunan’s Annual Automobile Output Exceeds One Million

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On December 24, the heads of 14 Hunan auto manufacturers, including Changfeng Group, GAC MITSUBISHI, GAC FAC, SAIC VOLKSWAGEN, BYD, and Geely Automobile, announced that their new vehicles rolled off the assembly line at Hunan Leopaard’s Changsha New Production Base. Hunan's annual automobile output exceeded one million. 
 
In recent years, Hunan has striven to develop automobile industry, and achieved leapfrog development through introducing major projects and providing key support. The output value of Hunan automobile industry in 2016 exceeded 200 billion yuan. More than 950,000 vehicles were produced and sold, with an output value of 112.2 billion yuan. The main business income and profit of Hunan automobile industry in 2016 increased by 42.5% and 137.9% respectively over the previous year, 28% and 127% higher than the national average respectively. 
 
At present, Hunan owns more than 400 automobile, motorcycle and their parts manufacturers over the designated size. Between this January and November, the added value of Hunan's industrial enterprises above designated size increased 7.1% over the same period last year. The automobile manufacturing industry contributed 20.2% to the growth of Hunan's industrial enterprises above designated size, an important support for the stable development of industrial economy.
 
On the same day, CPC Hunan Provincial Standing Committee member and Hunan Vice Governor Zhang Jianfei attended the off-line ceremony at Hunan Leopaard’s Changsha New Production Base. Zhang announced that Hunan’s an annual automobile output reached one million, and visited the representative automotive products of Hunan’s major vehicle manufacturers. 
 
Please refer to www.enghunan.gov.cn when using the article. 
 
Translator: Xiao Juan 
 
Chinese source: hunan.gov.cn