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21-06-2007
According
to Henan Province's 11th Five-Year Program (2006-2010),
the auto industry will become one of the main
industries of Henan. (Henan Province is located
in eastern central China, on the plain between
the Yellow and Huaihe rivers).
By 2010, the sales revenue of Henan's auto industry
is projected to reach 220 billion yuan (US$28.8
billion), and the industrial added value of
the auto industry will reach 66 billion yuan
(US$8.6 billion), 13.5 percent of Henan's total
industrial added value.
The province also hopes to have an annual production
capacity of 700,000 vehicles, 400,000 farming
vehicles as well as 3.5 million motorcycles
by 2010. Meanwhile, it will establish a bus
base, a passenger bus base and a heavy truck
base depending on agreements with Zhengzhou
Yutong, Zhengzhou Nissan, and YTO Group Corporation.
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