Japan's Motor Electronics Industry Base Settled In Chongqing

- Oct 24, 2018-

Chongqing in the west has become an important ground for the external transfer of the Japanese motor and electronics industry. On November 28th, Chongqing Japan Motor Electronics Industry Base was unveiled.

Mayor Huang Qifan, Vice Minister of Commerce Li Jinzao, Japanese Ambassador to China Dan Yu Yuichiro, Chairman of the Japan Trade Promotion Agency Shi Maobo, Deputy Director of the Municipal People's Congress Standing Committee Hu Health, and Vice Mayor Liu Xuepu attended the unveiling ceremony.

According to reports, Chongqing Japan Motor Electronics Industry Base has settled in the southern part of the Economic Development Zone, covering an area of 3 square kilometers, focusing on the development of notebook computers, mobile terminals, Internet of Things, cloud industry, 3G, 4G, tablet computers, intelligent networks, data centers, Electronic industries such as digital cameras and semiconductors, as well as electrical industries such as industrial electrical appliances, home appliances, and key auto parts, are cultivating new industries such as new energy equipment, energy conservation and environmental protection equipment, and new materials.

At present, the entire Chongqing is accelerating the pace of opening up, forming a large open pattern and becoming a large open highland.

In his speech, Huang Qifan introduced Chongqing's opening to the outside world in recent years. In recent years, Chongqing has vigorously built an inland open highland. The introduction of foreign capital is expected to reach 10 billion U.S. dollars in 2011, which is comparable to the coastal provinces and cities. Overseas investment has reached 5 billion U.S. dollars last year. In 2011, there were also 5 billion U.S. dollars. According to the 12th Five-Year Plan, Chongqing’s overseas investment will reach 30 billion U.S. dollars in the next five years. The volume of import and export trade has also increased significantly. It is expected to reach 30 billion U.S. dollars in 2011, more than 45 billion U.S. dollars next year, and 100 billion U.S. dollars in 2015.

In the context of the world financial crisis, why has Chongqing’s opening up such impressive results? Huang Qifan said that there are two reasons for this: First, the central government has strong support for the west and Chongqing. The overall deployment of the Central 314 and the State Council Document No. 3 gave Chongqing a special policy advantage. Now Chongqing has a Liangjiang New District, two bonded zones, four state-level development zones and 41 municipal-level industrial parks. It can be said that the current opening situation in Chongqing is no different from that of Shenzhen, Shanghai and Tianjin in previous years. The pattern of large openness has become a high open land.

The second reason is that Chongqing is constantly improving its investment environment and is striving to create a five-low investment advantage. In addition to low taxes, low land cost, low logistics costs, low coal-fired oil transportation factor costs, and low financial financing costs, Chongqing also has a great advantage in that the labor supply is sufficient and stable. Chongqing has more than 8 million migrant workers, half of whom work in the coastal areas, and half of whom work in Chongqing. In recent years, with the rapid development of Chongqing's economy, more and more migrant workers have returned to their hometowns from the coast, working nearby, and can work every day. Going home, there will be no one or two months of work stoppage during the Spring Festival.

Chongqing attaches great importance to the global competitiveness of Japanese companies, the manufacturing capabilities of high-tech and electronic information industries, and attaches great importance to cooperation with Japanese companies.

Huang Qifan said that despite the current global financial crisis, Japan's manufacturing industry, including the electronic information industry and equipment industry, has always led the world trend, and the global competitive advantage is very obvious. Japanese companies have invested heavily in the world and are very successful. The high national savings rate is an important factor in resisting the financial crisis. Chongqing attaches great importance to the global competitiveness of Japanese companies, the manufacturing capabilities of high-tech and electronic information industries, and attaches great importance to cooperation with Japanese companies. More Japanese companies are welcome to develop electronic information industry in Chongqing, equipment, automobile and motorcycle manufacturing. industry. In the past few years, Japanese companies have developed very well in Chongqing. Two Japanese companies, Isuzu and Suzuki, which have invested in Chongqing for more than a decade, made the decision to expand production capacity in 2011.

The Japanese motor electronics industry base established this time is of great significance to both parties. Japan's electronics industry is developed. About 40% of global electronic components are made in Japan. However, Japan's labor force and other resources are tight, and it is necessary to transfer industries. It is a correct decision to cooperate with China and choose to settle in Chongqing. Choosing to settle in Chongqing not only has low production costs, but also can be used in the vicinity of Chongqing's electronic information industry, equipment, automobile and motorcycle manufacturing, and through the new European-European Eurasia Bridge, the products will be shipped to Europe more quickly and the logistics cost will be lower. The competitiveness will be further enhanced.

Chongqing has a good location advantage and a relatively complete industrial chain. How to seize the opportunity of development in the west with Chongqing as the focus is of vital importance to Japanese companies.

Li Jinzao said that at present, although the global economy still has many uncertainties, it has shown a continuous upward trend. The earthquake in Japan has had a certain impact on the global industrial chain. Around the protection of industrial chain security, the global manufacturing industry is facing a new round of adjustment. Chongqing is located in the core area of Eurasia. It is the top priority of the western development strategy. It has a good location advantage and a relatively complete industrial chain. It has good conditions in terms of labor cost, industrial technology and transportation. . Japan will set up a motor electronics industry base in Handan, which will promote Sino-Japanese cooperation in the motor electronics industry and equipment manufacturing industry. The Ministry of Commerce will promote the Chongqing Japan Motor Electronics Industry Base to become a demonstration project for economic and trade cooperation with Japan.

On behalf of the Japanese government, Yuichi Ichiro congratulated the establishment of the base. He said that the current Chinese government is promoting the 12th Five-Year Development Plan and promoting the development of high value-added industries, which provides an opportunity for the Japanese motor electronics industry to move outward. As the forefront of the development of the 12th Five-Year Plan in the West, the West has developed rapidly in recent years. Among them, Chongqing is particularly eye-catching. The establishment of the motor and electronics industry base in Handan is to hope that Chongqing will be the core area for the transfer of Japanese motor electronics, notebook computers and cameras. It is hoped that China and Japan will further strengthen economic exchanges and push the economic relations between the two countries to a higher level.

The locomotive of the Chinese economy is changing from the coast to the interior. Shi Maobo said that the Japanese trade community has been paying more and more attention to the rapid development of the Chinese mainland. More than 30 Japanese companies have come to investigate the investment environment and have a greater expectation for the development of Chongqing. At present, Japanese companies face major challenges in China's coastal areas, lack of electricity, and rising labor costs. How to seize the opportunity of development in the west, which is focused on Chongqing, is of paramount importance to Japanese companies. Japan's revitalization of trade institutions will help more Japanese companies find business opportunities in Chongqing, and believe that the establishment of industrial bases will further promote the development of Japanese companies.

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