Beijing's Tongzhou District invests 100 million yuan to build the city's first auto parts base
Beijing International Automotive Electronics Park has officially begun construction in Majiuqiao Town. Over the next two to three years, Tongzhou District plans to invest RMB 1 billion to develop Beijing's first dedicated automotive parts base. Located within the National Environmental Protection Industrial Park, this new park is designed as a green and sustainable industrial zone covering a total planned area of 10 square kilometers.
The project aims to set a high standard for planning, construction, and development. It will focus on integrating resources from the automotive industry, particularly in auto parts and supporting processing industries. By aligning with the growing needs of China’s automotive sector, the park is expected to become a key hub for innovation and production in the region.
In addition to infrastructure development, the park will also emphasize environmental protection and smart manufacturing. The goal is to create a modern industrial complex that not only supports local businesses but also attracts international investment. With its strategic location and strong government backing, the Beijing International Automotive Electronics Park is poised to play a major role in shaping the future of the automotive industry in northern China.
Source: Auto Parts Business Network
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