蜜臀av性久久久久|国产免费久久精品99|国产99久久久久久免费|成人精品一区二区三区在线|日韩精品一区二区av在线|国产亚洲欧美在线观看四区|色噜噜综合亚洲av中文无码|99久久久国产精品免费播放器

China Focus: China's old industrial base attracts global investors

Source: Xinhua| 2018-05-15 19:17:20|Editor: ZX
Video PlayerClose

SHENYANG, May 15 (Xinhua) -- A freight train carrying containers of imported auto parts from Germany whistled as it slowly stopped at the BMW Brilliance Automotive's Tiexi plant in Shenyang, capital of northeast China's Liaoning Province.

Undergoing checks by customs officers on the site, the auto parts were transferred to a production line for assembly. Traditionally, the containers arrived at a railway station before they were transported by trucks to the plant.

"The new logistics service can not only increase the clearance efficiency but also saves our logistic costs," said Tian Lihua, director with the company's import and export department.

Allowing freight trains to stop at the door of automaker's plant is one of the latest moves Liaoning has made to attract global investors to rejuvenate its economy.

In early May, Liaoning Province issued a guideline on rejuvenation through all-round opening up, promising to further ease market access for foreign investors. A management model based on a pre-established national treatment plus a negative list will be implemented.

It will completely open up its general manufacturing sector to foreign investors, while market access to sectors like telecommunications, medical services, education, elderly care and new energy vehicles will also be expanded.

Northeast China -- Liaoning, Jilin and Heilongjiang provinces -- have been struggling for growth following the decline of their traditional heavy industries.

"Investment does not go beyond the Shanhaiguan Pass," it is said, referring to a geographical division between the northeast China and the rest of the country.

BMW Group is a pioneer foreign investor going beyond the Shanhaiguan Pass and doing well in Shenyang.

It set up the joint venture BMW Brilliance Automotive with Brilliance China Automotive Holdings in 2003 when China launched the first round of its strategy to turn its rust belt into modern industrial zones.

BMW's performance in China so far this year is promising, with sales of BMWs and Minis in the Chinese market up 7.1 percent year-on-year to 152,942 units in the first quarter, a record high.

The automaker has invested more than 52 billion yuan (8 billion U.S. dollars) in Shenyang facilities since 2009. The city has become BMW Group's largest production base worldwide.

Johann Wieland, president and CEO of BMW Brilliance Automotive, said that the key to BMW's success in China was its localization strategy. The local government offered big support to the automaker, which hopes to make a greater contribution to the local economy in the future.

"Undoubtedly, BMW has brought big economic benefits to us. But more importantly, it can teach us more advanced ideas, thinking and technology," said Dong Feng, a Shenyang official.

In addition to BMW, Liaoning has been making efforts to attract global investors to various sectors.

Last year, Michelin, the world's leading tire maker, invested 300 million euros to expand its factory in Shenyang, a city of 8.3 million residents. New Zealand company Richina started a leather industry project with a total investment of 900 million U.S. dollars in Fuxin City.

The central government rolled out new measures to revitalize its old industrial base in northeast China in 2016, and set up a free trade zone in Liaoning last year.

The economy of Liaoning is showing signs of recovery, and a growing number of global investors have started taking root there.

Statistics released from the provincial department of commerce showed that Liaoning's actual inflow of foreign investment reached 5.34 billion U.S. dollars in 2017, up 77.9 percent year on year.

The province also saw the arrival of 512 new foreign-funded companies last year, up 20.8 percent.

Du Liangsheng, an economist with Dongbei University of Finance and Economics, said that the economic recovery would be a long process.

"It is a result of economic restructuring and government efforts to create a more attractive investment environment to woo more investors," he said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001371809351
密云县| 阳江市| 平昌县| 洛川县| 法库县| 西华县| 城固县| 堆龙德庆县| 昭苏县| 新郑市| 沁水县| 定西市| 孟连| 凌海市| 南康市| 丁青县| 静安区| 叙永县| 巨野县| 特克斯县| 石泉县| 兴义市| 丰台区| 托里县| 额敏县| 兴安盟| 荥阳市| 黑水县| 和田市| 阳江市| 什邡市| 新和县| 嘉定区| 长岭县| 静安区| 象州县| 永兴县| 安阳县| 扎兰屯市| 凤城市| 大足县|