Backed by the car city Caidian Rising Automotive Industry Cluster
December 19, 2022
On the 15th, Wuhan Minxin Company set off for 15 concrete mixer trucks produced in Vietnam. This year, this private company specializing in refitting cars and trailers has exported more than 10 million yuan of modified cars from Vietnam. In recent years, Caidian District has relied on the Wuhan Economic Development Zone to vigorously develop the automobile and parts industry. The auto parts company’s R&D capabilities have been continuously enhanced and its export earning capacity has been significantly improved.
As of last year, the district has developed 32 automobile and spare parts production and sales companies, completed a production value of 400 million yuan, and formed a car industry cluster in the district economic development zone. Currently, there are more than 500 series and more than 3,000 varieties of products related to the automobile industry in Caidian District, which are matched with 11 domestic automobile manufacturers including Dongfeng, Shenlong, FAW, and Jinlong. The region's auto parts industry has driven the industrial upgrading of the region and accelerated the pace of industry.
At present, six related companies in the region have achieved export earnings. Jiawang Automotive Brake System Manufacturing Co., Ltd. has accumulated more than 20 new product developments in the past three years and the products have entered the South American market. According to the order, Minxin Automobile Co., Ltd. will export concrete mixers such as Vietnam and Mongolia to achieve a sales value of 52 million yuan.
Cai Zhong District Party Secretary Li Zhong said that currently Caidian District Changfu Automobile Culture City, Tianrun Automobile Industrial Park, and Xiaolong off-road vehicle and other 100 million yuan projects are accelerating construction, which will effectively promote the rapid development of the automobile industry cluster.