久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

BAIC plant accelerates its global efforts

By Zhong Nan | China Daily | Updated: 2018-09-05 10:26
Share
Share - WeChat
Two men inspect a vehicle on the interior assembly line at BAIC. [Photo/IC]

Over the past two decades, foreign automakers have injected billions of dollars into China with an eye on the country's huge consumption power. But the situation has changed drastically in the past few years, as Chinese carmakers are fast catching up with their foreign counterparts in the global markets with inexpensive, easily serviceable products.

In line with that trend, Beijing Automotive Industry Holding Co Ltd, one of China's five major automakers by sales revenue, is expected to reach an annual production capacity of 50,000 vehicles at its South Africa plant by the end of 2019. It aims to further compete with established global rivals such as Toyota Motor Corp and Ford Motor Co in Africa.

Located in Port Elizabeth, a shipping hub in South Africa, the plant is a joint venture between BAIC and South Africa's State-owned Industrial Development Corp, a financial company providing capital support for the country's companies and investment projects.

With a planned total investment of $800 million, the facility will start initial operations in the fourth quarter this year.

Xu Heyi, BAIC's chairman, said the plant's first phase has generated 1,540 jobs already, with 90 percent of them going to locals. The factory is expected to create another 2,500 jobs in the upstream and over 15,000 direct and indirect jobs in the downstream upon final completion late next year.

BAIC aims to supply automobiles - including passenger vehicles, SUVs, pickups and light trucks - from the manufacturing facility not only to the South African market, but the whole of Africa in the long run. Its focus will be on fast-growing markets such as Nigeria, Cameroon, Egypt and Algeria, the company said.

Equipped with an automated production line, the plant will offer both right-hand and left-hand drive vehicles for different African markets.

Xu said continued investment in infrastructure development will be key to the group's sustained growth in Africa over the next decade, as consumers there look to buy easily serviceable and inexpensive vehicles.

The factory, located in the Coega Special Economic Zone, was launched in August 2016. It will begin assembling, painting and welding vehicles by the end of next year. Up to 60 percent of the vehicle parts and materials will be sourced from South African suppliers.

"Boosted by growing incomes, more African consumers have stopped purchasing second-hand vehicles and have begun to buy new ones. Chinese companies have found they choose brands based on which they can buy spare parts for in the nearest town," said Dong Yang, executive vice-chairman of the China Association of Automobile Manufacturers.

Li Jingang, general manager of BAIC International Development Co, said this is certainly a new growth market. He said BAIC can provide spare parts in sufficient quantities and technical services on time through South African dealerships and locally built warehouses, since it has moved its supply chain into South Africa.

The number of BAIC dealerships in South Africa will rise from the 17 currently to 27 by the end of this year, he said.

Beijing-headquartered BAIC employs over 130,000 staff members worldwide and has built over 20 plants, and research and development centers in Mexico, India, Japan, the Netherlands, Spain, Germany, Italy and the United States.

 

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日本男人的天堂 | 久久免费视频网站 | 韩国视频一区 | av毛片免费看| 国产成人精品999在线 | 一区二区三区免费在线视频 | 99精品在线观看 | 日本韩国一级毛片中文字幕 | 免费刺激视频 | 欧美成人自拍视频 | 国产爽的冒白浆的视频高清 | 日本韩经典三级在线播放 | 亚洲三级黄色 | 精品一区二区三区免费观看 | 国产91丝袜美腿在线观看 | 国产精品视频免费一区二区三区 | 日本一级毛片片在线播放 | 精品视频久久久久 | 精品日本久久久久久久久久 | 日本高清视频一区二区 | 伊人网在线免费视频 | 国产一二三区精品 | 欧美成人免费一区在线播放 | 国产精品日本一区二区不卡视频 | 三级黄页 | 成人爱爱网站在线观看 | 99久久精品国产亚洲 | 国产亚洲精品自在线观看 | 永久免费精品视频 | 久久精品国产免费高清 | 成年女人永久免费观看片 | s8国产成人精品视频 | 黄色网址网站 | 久久精品国产99久久6动漫欧 | 亚洲加勒比久久88色综合一区 | 欧美一区二区在线观看 | 91久久国产口精品久久久久 | 一级视频网站 | 国产在线视频精品视频免费看 | www.亚洲精品 | 久9青青cao精品视频在线 |