Yesterday, the French parts giant Faurecia Group and Jiangsu Yancheng Economic and Technological Development Zone signed investment agreement, the company invested $ 42 million to build a new factory seats. Yancheng is an important development in China's automobile industry base.

     Under this agreement, Faurecia Yancheng Economic Development Zone in the production of car seat body parts, plans annual production of 400 million. The new plant covers an area of ​​about 22,000 square meters, is expected to start at the end of this year, and in the summer of 2013 to achieve maximum capacity.

     Faurecia said that China is developing its business market in China has now established 25 factories and four R & D centers.