CJB settled in Chongqing Airport Economic Development Zone

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Nov 07,2005

CJB (Chongqing Changjiang Bearing Industrial Corporation) recently reached an agreement of settlement with Chongqing Airport Economic Development Zone. The new settled plant will cover an area of 200mu (133334 square meters).With total investment of RMB 700million, this new project is anticipated to take approximately 3 years to complete and the settlement will be achieved next September. The Local government will draft a series of preferential policies to encourage the development of automobile and motor industries which are the pillar industries in the zone .Up till now, over 60 enterprises have settled in or signed the contract with the Development Zone, such as Ankai Vehicle, Chang’an Auto, Northbenz, Yinxiang Motorcycle and so on. The zone enjoys a favorable geographical location and transportation network, which will play an important role in accelerating the development of CJB in the long term. http://www.kggy.com/english/index.asp

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