Mega Project Goes Into Production
Robots work on an assembly line of Beijing Hyundai Motor Co. in Cangzhou, north China’s Hebei Province, on October 18. The first car assembled in the plant rolled off on the same day.
It is Beijing Hyundai’s first plant located out of China’s capital, expected to produce 300,000 cars and 20,000 engines per year.
The project cost 12 billion yuan ($1.78 billion), the largest project in terms of investment between Beijing and Hebei. Beijing is moving some plants to neighboring Hebei to promote the coordinated development of the Beijing-TianjinHebei region.