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business & industries » industries » Automobile 

Automobile industry

Guangzhou is one of the major manufacturing bases of auto industry in China , and has great development foundation and regional advantage.

In 1985, passenger car manufacturing enterprise was founded in Guangzhou which has been listed later as one of the key passenger car manufacturing bases in China . Since 1997, strategic structure was adjusted for Guangzhou 's auto industry, which midwived successive incorporations of Guangzhou Honda Co., Ltd., Guangzhou Fengshen Motors Co., Ltd., Guangzhou Isuzu Bus Co. Ltd., and Guangzhou Denway Bus Co., Ltd., as well as attracted investment from almost 50 overseas auto components enterprises, including Shawa, Delphi , etc.

Since 2000, Guangzhou 's auto output has been rising by 64% (averagely) each year and increase rate of output value is about 50%. Last year, great-leap-forward development has been achieved for Guangzhou Auto industry: three big Japanese assembly plants have made their footholds in Guangzhou and the fourth biggest auto base in China began to appear; the formation of eastern, northern, and southern industrial bases of Guangzhou auto industry has symbolized that the spatial layout of Guangzhou auto industry has been shaped; as the three big assembly plants landed on Guangzhou, lots of Japanese-funded component enterprises have also thronged here for investment, a sign that the industrial chain of Guangzhou auto industry has been consummated gradually. All of these have offered expansive space for development of Guangzhou auto component industry.

Currently (2005), there are three big industrial aggregates that have been formed preliminarily for Guangzhou auto industry: Guangzhou Economic and Technological Development District in the east represented by Guangzhou Honda, Huadu District in the north represented by Dongfeng-Nissan, and Nansha Development Zone in the south represented by Guangzhou Toyota.

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