Beiqi Futian Company recently signed a contract with Jinhua City of Zhejiang Province and invested RMB 2 billion in the construction of a large-scale automobile production base for the production of cranes, special vehicles, special vehicles and other products in the new urban area of ​​Fucheng City, Jinhua City. After the project is put into production, the annual output value can reach 30 billion yuan.
Beiqi Foton is a key player in the Chinese automobile industry and is also the largest and most complete automotive manufacturer in China. Foton Lovol Heavy Machinery Co., Ltd. was established in 2004. At present, the company mainly has four major categories of products, including urban construction, urban logistics, urban security, and urban management, covering basically all areas of special vehicles.
Jinhua is a central city in the Midwest of Zhejiang Province. After several years of development, the city has formed a relatively complete automotive industry system with a wide range of industries, high-quality products, and strong supporting capabilities. It has become one of the major automotive manufacturing bases in China. It is understood that Jinhua City has taken the development of the automotive industry as its primary industry, and determined that the total output value of the city's auto industry exceeded 100 billion yuan by the end of the “Eleventh Five-Year Plan†period.
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