On July 18, the project of China Auto Parts Industry Base(Langfang) which is situated in the Longhe Economic Development Zone has been launched. The Mudan Aerospace automobile manufacturing project of 200 million RMB investment, SPL cable wiring project of 150 million RMB investment, and the 150 million investment auto parts project have agreed to enter into the industry park.
China Auto Parts Industry Base(Langfang) is based on the Longhe Economic Development Zone, the total investment will amount to 5 billion RMB, covering industry, commerce, trade and logistics, which will finally be built as an integrated industrial cluster with auto parts manufacturing, research and detection, commerce and logistics, auto financial service, and comprehensive supporting services. At present, 15 auto parts manufacturers including Beijing Benz, Beijing Hyundai and BAIC have had the intention to be introduced into this industry base.