Auto manufacturer Dongfeng Peugeot Citroen Automobile Co, located in the Wuhan Economic & Technological Development Zone, recently adopted a closed-loop production model to ensure that 230 vehicles are churned out daily.
The new site of the Cummins East Asia R&D Center was inaugurated in Junshan New City in Wuhan Economic & Technological Development Zone (WEDZ) on Nov 25, with an investment of $250 million.
The global downward pressure on the automobile industry, severe COVID-19 outbreaks in China, and the automotive chip shortage have all posed severe challenges to the auto supply chain.
The successful experience of the Wuhan Economic & Technological Development Zone (WEDZ) in developing digital economy and promoting the in-depth integration of 5G, real economy and the manufacturing sector has been shared across Central China's Hubei province.
The Wuhan Economic & Technological Development Zone (WEDZ) has registered more than 640 high-tech companies this year, ranking first in Wuhan.
Even before the Qatar 2022 World Cup was announced, Dongfeng Motor Co's exclusive distributor in Qatar – Al Taleb Motors – had sold a number of passenger cars to a local car rental company.
Over the first 10 months of this year, the Wuhan Economic & Technological Development Zone (WEDZ) has signed 20 agreements for projects funded by Fortune 500 companies.
The 2022 China 5G + Industrial Internet Conference was held in Wuhan, Central China's Hubei province from Nov 19 to 21.