Danyang auto parts industry grows strongly

Since the beginning of this year, Danyang auto parts companies in Jiangsu Province have continued to maintain a strong momentum of development relying on technological innovation and accelerating their transformation and upgrading. From January to July, the auto parts industry in the city completed a total sales of 7.61 billion yuan, an increase of 14.57% year-on-year, of which foreign trade exports were 670 million yuan, an increase of 34.7% year-on-year. By the end of July, the investment in fixed assets of the whole industry was 64.21 million yuan, an increase of 50.8% year-on-year; and the total tax revenue was 316 million yuan, an increase of 42.5% year-on-year.

As a national production base for high-quality automobile and motorcycle fittings, Danyang has established two professional markets of “East China Auto Lamps City” and “China Auto Parts City”, forming a focus on R&D, production, marketing, testing, logistics, training, and industrial clustering. As an integrated industrial system, there are a total of 1579 related enterprises. The products mainly cover four major categories of lamps, decorative parts, and electrical parts and more than 400 varieties. They are listed as key industrial clusters in Jiangsu Province.