Jiaodong Online News Fushan District has developed its auto parts industry based on its location advantage. At present, 30 auto parts companies from Japan, South Korea and Shanghai have settled down with a total investment of 4.9 billion yuan. At the end of 2001, Yantai City's “car body project†was piled. In the same year, Fushan District took the lead and introduced the Yazaki Auto Wiring Harness Project in Japan, which created necessary conditions for the entire vehicle in Yantai City. At present, "Yasaki Harness" is known around the world, and world-famous cars such as Ford and General Motors have adopted the Yazaki wire harness, which has a market share of one third of the world's passenger car wiring harnesses. In December 2002, after Shanghai Dongyue Automobile was established in the Yantai Development Zone, Fushan District seized the opportunity to invest over 300 million yuan and build Dongyue's supporting bases in terms of infrastructure and supporting services. Shanghai Yanfeng Johnson Cars Co., Ltd. and Dongyue Auto Parts Co., Ltd. have been introduced into the core parts and components project, which has become the first choice for Shanghai auto parts enterprises to enter our province. At the same time, Fukuyama aimed at Japan and South Korea to actively introduce large projects. Honda Corporation of Japan is principally engaged in the business of automobile-related mechanical molds, parts, and resins. Fushan District successively went to Japan and South Korea to operate. It finally moved the Japanese side with the concept of “interaction chain of Japan, South Korea, and China.†They invested 20 million U.S. dollars and set up Honda Mould and related parts projects in Fukuyama. At present, Fushan District has also set up an auto parts trading center and an auto parts research institute, initiated the establishment of the Yantai Automobile Parts Association, and plans to establish a joint venture between Yantai and the German Automobile Vocational College. It plans to introduce 60-100 auto parts within 5 years. The project will make this industry bigger and stronger. (Zhao Yuhao Jiao Guangxu) Editor: Ding Junjie Source: Yantai Daily
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