Yesterday afternoon, the Hitachi auto parts manufacturing and R & D base project Zengcheng Economic and Technological Development Zone located in the signing ceremony in Guangzhou Building. Guangzhou Municipal Committee, mayor Wanqingliang attended the ceremony, and met before the ceremony, attended the signing of Japan's Hitachi Automotive Systems Co., Ltd. President Kunihiko Onuma line. This is July of this year, commissioned by the Guangdong Provincial Party Secretary Wang Yang, Wan Qing Guangdong economic and trade delegation to Japan to carry out yield, "the Pearl River Delta, Guangdong economic and trade cooperation and exchanges with Japan will be" held "the new Guangzhou new business opportunities" Japan Promotion club one of the major achievements made​​.

     It is understood that the contract settled Zengcheng economic and technological development and R & D, Hitachi auto parts production base project will soon start a project with total investment of about 10 billion yuan, completed and commissioned in March 2013. Currently the project site have been identified, has completed the formation of the tender and to carry out the work, the surrounding road improvement work started simultaneously. The project will be built China, Hitachi Automotive Systems Ltd. auto parts manufacturing and R & D base, the main R & D, Hitachi's most competitive automotive engine control systems and traffic control systems and other core components products, annual output is expected to put into 1.5 billion -20 billion in annual revenue contribution of approximately $ 100 million. In the first phase is completed, the planning and construction of Phase II.