With the goal of forming a 1-trillion-yuan ($144.7 billion) automobile business, Liangjiang New Area in Southwest China's Chongqing is expected to cultivate two to three internationally popular independent intelligent connected and new energy vehicle brands, said Li Jie, deputy head of the new area's administrative committee, on Sept 8.
As a major force in developing the automobile manufacturing sector in Chongqing, Liangjiang has pushed the auto industrial value chain toward the mid- and high-end direction, and a number of new energy vehicle (NEV) production models are selling well.
Wang Chunshui, deputy director of the Chongqing Economy and Informationization Commission, said that they will double down on efforts to support car manufacturers in their layouts in NEVs and intelligent connected vehicles (ICVs). Meanwhile, the government will also work to attract more advanced domestic and overseas automakers to expand the whole industrial scale.
Related vehicle charging infrastructure will be further completed in residential communities, highways, towns and other key areas of the municipality.
Statistics show that last year, Liangjiang recorded 203.7 billion yuan ($29.48 billion) in automobile manufacturing output, up 16.6 percent. Among them, a total of 56,400 NEVs were produced, a year-on-year increase of 137 percent, and the penetration rate of ICVs reached 35 percent.
In addition, Liangjiang ranked first among national open platforms in western China in terms of automobile production, output value and production capacity.
John Edwards, the UK trade commissioner for China, praised Chongqing over its rise as a burgeoning center in intelligent manufacturing.