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The Investment Promotion Center of the Machinery Industry of Hubei Province explored new ideas and new approaches for attracting investment in industrial parks and industrial chains, and achieved new breakthroughs in performance. In 2006, the province's machinery and auto industry completed the foreign investment of 265.81 million US dollars in actual use, exceeding 89.9% of the tasks set at the beginning of the year. In 2007, it envisaged the establishment of seven industrial investment parks to form a new pattern of investment attraction for the “three bases and four industrial parksâ€.
Dongfeng implemented the strategy of “integration and development, cooperation and competition, making it bigger and stronger, and giving priority to becoming strongerâ€. It has successively established joint ventures with Nissan, Honda, and other automotive multinational companies to drive the development of the Hubei automobile industry. With the Dongfeng Qiandu Wuhan, Dongfeng Honda investing in Wuhan, Dongfeng HQ Wuhan headquarters, and a series of measures such as the move of Wuhan, Hubei has gradually formed a cluster of automobile industry mainly consisting of Shiyan, Xiangfan, Wuhan and other three major blocks, constituting Shiyan-Xiangfan - Wuhan's hundreds of miles of car corridors.
Zhang Shuxun, the director of the center, said in an interview with reporters that we have integrated investment promotion with the promotion of industrial clusters and the extension of industrial chains.
The first is to cooperate with local governments and promote the construction of machinery and automobile industrial parks. Signed a cooperation agreement with the Huanggang City Government to build the "Huanggang Machinery Industrial Park". Through the implementation of the Maurer Three-Ring Valve Actuation (Hubei) Co., Ltd. project with an investment of USD 42.032 million, the resources of various engines and chassis parts of Huanggang City will be integrated to form industrial clusters.
The second is to implement the "Strategic Supplier Implementation Plan" service of Shenlong Motor Co., Ltd. and promote the domestic and international automobile parts and components to gather in Hubei. Based on the concept of "one-hour supply chain" put forward by Shenlong, the company promoted the construction of "Shenzhou Shenlong Auto Parts Industrial Park" and "Xiangfan Shenlong Auto Parts Industrial Park", core supplier bases of Shenlong Company, and went to the coastal provinces and cities for investment promotion several times. Investment work. At present, many multinational companies such as Michelin, Faw, Bosch, and Visteon have stated that they will increase investment in Hubei, and Jiangsu, Zhejiang and other provinces and autonomous regions auto parts companies want to invest in the company.
The third is to plan investment promotion work with internationally renowned companies. In cooperation with Siemens (Wuhan), the company plans to establish the “Hubei Power Transmission and Transformation Equipment Manufacturing Base†project in Yangluo. It plans to use the high- and medium-voltage power transformer projects as the leader to integrate the well-known foreign power transmission and transformation equipment enterprises and the Substation backbone enterprises have introduced bases to form the largest domestic power transmission and transformation equipment manufacturing base with brand advantages and interconnected industrial characteristics.