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The Jiaodong online news reporter learned from the Penglai City Economic and Trade Bureau that since the beginning of this year, the city’s automobile and parts industries have developed rapidly and the leading role has been significantly enhanced. From January to April, Shandong Pengxiang Automobile Company produced 2,504 converted cars, which was a year-on-year increase. 65%; from January to April, 33,072 axles were produced, an increase of 191% over the same period of last year. Beiben Heavy Industry Penglai Branch produced 6,703 heavy trucks in January-April, an increase of 64% over the same period of last year.
It is reported that Penglai City has guided enterprises to intensify product research and development and technological innovation, further adjust product structure, improve product quality, and continuously enhance the city's automobile and parts industry's competitive advantage. (Han Yongqi Wu Pengyan)