Hyundai to start up new plant

China Daily (Hong Kong) - - BUSINESS -

South Korean au­tomaker Hyundai Mo­tor Co said on Wed­nes­day it will be­gin pro­duc­tion at its fifth fac­tory in China in Au­gust. The plant in Chongqing is part of its ef­forts to strengthen com­pet­i­tive­ness by mak­ing com­pact sedans and sport util­ity ve­hi­cles tai­lored to Chi­nese tastes, the au­tomaker said. “The Chongqing fac­tory will pro­duce high-qual­ity new mod­els for the Chi­nese con­sumer, and make Hyundai an au­tomaker that en­com­passes eastern and western China,” Vice-Chair­man Chung Eui-sun said in the state­ment. tival ev­ery Septem­ber. Ev­ery year, about 4 bil­lion Chi­nese choose to take a trip for relaxing and most of them pre­fer a coastal trip. Tourists’ en­thu­si­asm for beach is seen boost­ing tourism and the coastal econ­omy.

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