In the new round of economic growth cycle, Shenzhen has clearly proposed to “heavier” the industry, and vigorously developing the automobile manufacturing industry will be an important part of this. To this end, the Shenzhen Municipal Government has planned 10 to 30 square kilometers of industrial land, specifically for the production of high-end cars and special vehicles. A few days ago, news from the city government revealed that Hafei Motors and BYD's mid-to-high-end car production base are expected to be near Shenzhen at sunset.

The person in charge of the Bao’an District Government revealed that the current cooperation with Hafei Motors has progressed smoothly. Longgang District, on the other hand, said that BYD will build a production base of medium- to high-grade cars with an annual output of 100,000 in Longgang. It is expected that construction will begin in March this year, and production will start from June to July, and it can be expanded to an annual production capacity of 400,000 next year. The land for the first phase of the current project is ready. At that time, the car project R&D center will also be relocated from Shanghai to Shenzhen.

In addition, the person in charge of the Shenzhen Municipal Bureau of Foreign Trade and Economic Cooperation revealed that foreign auto funds are also expected to be injected into Shenzhen in 2004 and be localized in Shenzhen.


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