Shenyang Brings in More Investment

木偶鱼

<p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt;"><span lang="EN-US">Dadong district of Shenyang city and Shenyang-EU Economic Development Zone respectively signed the cooperative agreemnets for 11 projects, including Shanghai Automotive Industry Corporation(Group) (SAIC) (Shenyang) Industrial Garden of Auto Parts and production of the automotive tail gas systems of Germany, with a total investment of RMB10.69 billion yuan (approx. $1.37billion). </span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt;"><span lang="EN-US"><p>&nbsp;</p></span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt;"><span lang="EN-US">Auto related projects make up a considerable proportion of the 11 projects. SAIC will inject RMB 5 billion yuan (approx. $640 million) for the project of SAIC (Shenyang) Industrial Garden of Auto Parts in Dadong district, which will bring in some 30 auto part manufacturers to come and settle down in the garden according to the plan. With those projects to start up in <city wst="on">Shenyang</city>, the chain of automotive industry will be further improved and faster development of <city wst="on"><place wst="on">Shenyang</place></city> automotive industry will be achieved.</span></p>