www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

BIZCHINA / Overseas Investment

Tyre makers compete for Chinese market
By Wang Xin (China Daily)
Updated: 2006-06-09 11:46

The biggest project to be invested in by a business from the Republic of Korea in Northeast China's Jilin Province has begun construction in the Changchun High-tech Industrial Development Zone, according to the province's department of commerce.

With a total investment of US$155.87 million, the project, Kumho Tyres (Changchun) Co Ltd, is designed with an annual output capacity of 3.15 million car radial tyres, filling the gap for high quality car tyres in Jilin Province.

Its targeted output capacity is expected to be realized in 2008 when the company becomes the biggest tyre maker in Northeast China.

Kumho Tyres from the Republic of Korea (ROK) is the investor of the tyre project currently under construction.

Kumho Tyres, affiliated with Kumho Asiana Group, has assets worth 250 billion yuan (US$31.25 billion), and 5,092 staff.

It notched up US$800 million in sales revenue in 2003, making it the ninth largest tyre maker in the world.

With global demand for tyres growing and domestic production costs rising, Kumho Tyres has sped up its overseas expansion.

The company has already established two tyre plants in Nanjing and Tianjin, which currently produce 12 million and 5.25 million tyres per year respectively.

The combined output of tyres from the two plants is expected to reach 18.5 million in 2009, while still leaving open the supply of 10.7 million tyres.

Based on a market research, the demand for Kumho tyres in the Chinese market is estimated to soon hit 29.2 million.

The research also found that the supply for high-quality radial tyres is short, while there exists a huge market for that product.

So, establishing a new plant to satisfy market demand became a pressing issue for Kumho Tyres.

Though the ROK-based company has chalked up impressive market shares in South China, it did not enter into its venture in Northeast China until the new tyre project was settled there.

Northeast China is seen as a traditional industrial base and therefore has won the popularity of investors involved in manufacturing industries from home and abroad.

A number of cities in the region including Changchun, Harbin, Shenyang and Jilin City are all comparatively strong in auto making.

Page: 123

(For more biz stories, please visit Industry Updates)

 
 

主站蜘蛛池模板: 成人做爰网站免费看 | 中国一级特黄剌激爽毛片 | 成人国产在线看不卡 | 日韩欧美中文字幕一区二区三区 | 色天使影院 | 黄视频在线免费 | 喷潮白浆直流在线播放 | 在线观看亚洲免费视频 | 国产亚洲一区在线 | 黄色毛片国产 | 欧美成人精品免费播放 | 娇喘嗯嗯~轻点啊视频福利 | 大桥未久在线精品视频在线 | japanese色系国产在线高清 | 亚州视频一区二区 | 久久免费播放视频 | 91桃色成人免费 | 欧美成人片在线 | 欧美在线精品一区二区三区 | 一区毛片 | 国产成人精品综合在线观看 | 欧美日韩ay在线观看 | 久久久国产精品免费 | 国产一级特黄aaa大片 | 亚洲三级理论 | 亚洲欧美日韩精品久久久 | 综合色久七七综合七七蜜芽 | 国产一级片观看 | 真实一级一级一片免费视频 | 日韩一级黄色 | 午夜国产精品不卡在线观看 | 日韩精品一区二区在线观看 | 久久成人精品 | 久久久久国产精品免费网站 | 国产精品单位女同事在线 | 国产网站黄 | 亚洲不卡一区二区三区在线 | 亚洲精品国产啊女成拍色拍 | 日本一级毛片在线看 | 白云精品视频国产专区 | 国产综合久久一区二区三区 |