Guangzhou Development District Xiqu Industrial Park

National economic park of Xiqu Industrial Park: Guangzhou Export Processing Zone

The Guangzhou Export Processing Zone was one of the first of 15 export processing zones approved by the State in April 2000. Its planned area is 3 square kilometers, of which the first phase of 0.9 square kilometers has been approved and is in operation. It aims to implement centralized and standardized management of enterprises in the processing trade, and promote the trade’s healthy development. At present, it is improving supporting facilities and expanding functions such as bonded logistics, inspection and maintenance, and research and development.

Honda Motor (China) Investment Co, Ltd is one of the companies introduced in the Zone. The company was established on September 8, 2003 and started production at the end of 2004. Its initial production capacity was 50,000 vehicles per year, and it was the first automobile manufacturer in China to export whole vehicles. The company has production lines for welding, painting, vehicle assembly and vehicle inspection. Its production quality has reached or even surpassed that of the Suzuki plant in Japan. The economical cars it produces are exported to 21 countries in Europe and North America.

By the end of 2017, the zone had realized a total industrial output value of 38.17 billion yuan, and a import and export value of 6.728 billion US dollars, while Honda Motor (China) Investment Co, Ltd had produced a total of 318,317 vehicles. In 2017 alone, the zone completed a total industrial output value of 3.31 billion yuan and a total import and export value of 632 million US dollars.