Yuchai: Leading a New Breakthrough in Beibu Gulf Equipment Manufacturing Industry

Sponsored by the China-ASEAN Expo Secretariat and the China Mechanical Engineering Society, the 7th China-ASEAN Expo supported by Yuchai Co., Ltd. “Equipment Manufacturing Sharing China-ASEAN Free Trade Area Development” Summit Forum on October 20, 2010 The day was held in the conference room of the Nanning International Convention and Exhibition Center.

The 7th China-ASEAN Expo

He Guangyuan, Honorary Chairman of China Mechanical Engineering Society, He Guangyuan, former Minister of State Machinery Industry, Honorary Chairman of China Mechanical Engineering Society, and former Vice Minister of National Machinery Industry Ministry Lu Yanqi, Academician of Chinese Academy of Engineering, Professor of Prof. Zheng Cheng of Huazhong University of Science and Technology, Vice Chairman of Guangxi People’s Congress Director Wu Heng, General Manager Li Tiansheng of Yuchai Corporation, and representatives from more than 50 companies in the equipment manufacturing industry at home and abroad attended the meeting.

The forum mainly focused on the cooperation prospects, opportunities and challenges faced by China's equipment manufacturing industry after the completion of the China-ASEAN Free Trade Area. Experts at the meeting believe that the key enterprises in the Beibu Gulf, represented by Yuchai, must develop high-end manufacturing and drive the development of the entire local economy.

Lu Yantao, former vice minister of the State Ministry of Machinery Industry, pointed out in the report entitled "High-end equipment manufacturing industry is a breakthrough for revitalizing equipment manufacturing industry," pointing out that accelerating the development of high-end industries has become the focus of a new round of international competition. The decision to speed up the development of strategic industries was made at the Fifth Plenary Session of the 17th Central Committee of the Party that has just ended. Developing the high-end part of the industrial chain is the key to the development of the company from big to strong. In recent years, Yuchai has taken the lead in the development of a national 4, 5 product, which is the embodiment of the development of high technology. Yuchai and other key enterprises in Beibu Gulf should continue to maintain a trend of innovation and development, develop high-end equipment manufacturing, and drive the development of Beibuwan manufacturing industry.

In recent years, Yuchai has achieved significant technological advancement through the joint innovation model of production, research, and use. Yuchai, as a leading company in the control of engine emissions in the country, has established more than 10 research institutes for domestic and foreign research and development, and a technical center ranked No. 1 in the industry through the development of nearly 60 years. It has completed 7 national 863 scientific research projects. Yuchai will actively explore the best model for green development and work with equipment machinery companies to promote the development of China's high-end equipment manufacturing industry.

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