Weifang, Shandong Province Determined to Focus on Building the Automobile and Equipment Manufacturing Industry Chain

Weifang City has recently issued a plan for the adjustment and revitalization of the equipment manufacturing industry, which will create two hundred billion industrial chains for the automobile and equipment manufacturing industries. By 2011, the city's main business income from machinery industry will reach 200 billion yuan.
It is understood that Weifang Machinery Industry is mainly engaged in transportation vehicles and agricultural equipment. It is an important pillar industry and has initially formed a number of brand-name products with strong competitive strength. Weichai Holding Group and Beiqi Futian Zhucheng Automobile Factory have 21 mechanical companies. Top 100 companies listed in the city's industry. In the face of the current complicated economic situation, in order to implement the national and provincial adjustment and revitalization plans and further accelerate the development of the city's machinery industry, Weifang formulated the plan for the adjustment and revitalization of the municipal machinery industry. According to the plan, Weifang will build two hundred billion class industrial chains for the automobile and equipment manufacturing industries. By 2011, the city’s machinery industry's main business income will reach 200 billion yuan, an average annual increase of 19%, and one company will achieve its main business income. Reached 50 billion yuan.