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FAW Receives New Export Status as International Wheel Supplier

The Changchun Wheel division of FAW Sihuan Automotive Co., Ltd. was recently awarded the title of "Global Automotive Parts and Components Supplier" at the launch ceremony for the "China Export-oriented Automobile and Automotive Parts Industrial Centers" program, sponsored jointly by China's Ministry of Commerce (MOFCOM) and National Development and Reform Commission (NDRC) at Beijing's Jingxi Hotel on August 17.

The award provides FAW Sihuan's Changchun Wheel division with favorable government support that will enhance the company's position as a global OEM wheel supplier. "China expects the new export-oriented production centers and manufacturers to play a leading role in optimizing automobile and automotive parts exports, help protect the intellectual property rights of Chinese manufacturers, and refine the capabilities of the country's domestic industry", said Vice Premier Wu Yi.

Also at the conference, Zhu Yanfeng signed a 15 year strategic partnership agreement with COSCO (Group) Company designed to enhance cooperation between the two companies, resulting in improved international shipping and logistics services, and lower costs.

The Changchun Wheel division possesses a world class wheel production line, spinning sectional wheel production line, and leading research and development center. As the company has aggressively pursued both OEM and aftermarket business opportunities in the growing domestic and international markets, it has taken advantage of its innovation-promoting culture, technology, state-of-the-art equipment, forward-looking global sales strategy, improvements in products and processes, ability to quickly bring new customer-driven products to market, and the trend towards modularization and modular outsourcing.

 


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