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Huge Investment Infused into Chengdu City’s Car Industry

  At the Investment Seminar & Signing Ceremony of Chengdu Automotive Industry held on last Tuesday, eight projects were signed with a value of RMB13 billion in total. These projects include an investment of RMB5 billion by NAC for the construction of auto spare parts industrial park at Chengdu Economic & Technological Development Zone, an investment of RMB4 billion by HK Ruilong Group for the construction of Chengdu International Auto Expo Center in east of Chengdu, and an investment of RMB 2 billion by Mingtai Group for the construction of auto test tracks. During the period of the Western China Interna- tional Economy & Trade Fair, the city had 27 auto projects with investment amounting to RMB28.6 billion to be signed, and all these projects will be located at Chengdu Economic & Technological Development Zone. 
(Chengdu Weekly)

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