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13-07-2007
Construction
began early this week on a market for vehicle
parts and accessories in the Guangzhou Development
Zone.
With
an area of more than 180,000 square meters,
the Guangzhou Auto Parts and Accessories Global
Purchase Center will include a central purchasing
zone, exhibition halls, trading areas, logistic
districts and office facilities.
The
center, the biggest specialized market for vehicle
parts and accessories on the mainland, plans
to attain an annual trading volume of more than
10 billion yuan, helping build Guangzhou into
an international import and export hub for auto
parts and accessories, according to the Guangzhou-based
Information Times.
More
than 3,000 auto parts and accessory manufacturers
and agents from around the world are projected
to open outlets and offices in the center within
three to five years after the project is completed
next year.
Foreign
companies have already begun negotiations to
open outlets and establish representative offices
in the center.
Xue
Xiaofeng, director of the Guangzhou Development
Zone, said the center is expected to play an
important role in boosting the city's automobile
industry.
"The
southern metropolis is currently striving to
become the biggest automobile production base
in the country," Xue said.
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