China: BAIC starts work on production base in Guangzhou

Chinese vehicle manufacturer Beijing Automotive Industry Holding (BAIC) has started building an automotive production base in Guangzhou, capital of the south Chinese province of Guangdong. According to a report carried by Xinhua, this project entails total investment of Yuan 5bn (US$773.5m). Of the total, Yuan 1.5bn goes towards the first plant, Subscribe to Automotive World … Continued

• By Webmaster
• June 23, 2011