Automobile industry

Liangjiang New Area aims to develop into China's largest motor city with the most brands and the most comprehensive systems. It will rapidly cluster automobile manufacturing enterprises to form a vehicle production structure which consists of seven domestic brands, including Chang'an and SAIC Motor, and 3 foreign-funded brands, including Ford, covering three major segments: "mini car, passenger car and commercial vehicle". It will accelerate the development of green cars, and take the lead in promoting industrialization, and will focus on improving industrial chains, and aim to develop core components such as engines, transmissions and electronic control systems.

The Liangjiang New Area will also speed up the upgrading of industrial structures, grasp market trends, and expand second-tier and third-tier domestic markets and the emerging overseas market with the focus on mini cars and middle-class and deluxe passenger cars. In addition, it should aim to enhance its perspective thinking by grasping future needs - in 5 to 10 years - and realize the transformation to mid-range commercial vehicle, MPV and small SUV, thus laying a solid foundation for the upgrading of the entire automobile industry. During the 12th Five-Year Plan Period (2011-2015), this industry has attracted a total investment of 150 billion yuan, achieving an annual production of 2.8 million vehicles, with an output value of 300 billion yuan which accounts for more than 60 percent of the city's total output.