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Wuhu News

Jetour Auto Goes Internationally at a Faster Speed

At the recently opened 2023 Shanghai Motor Show, Jetour Auto showcased its DAShing i-DM, Traveler (globally named T2), T3 concept car, and other models at the exhibition, unveiling its brand new product technology and global market layout.

Jetour Auto has embarked on a journey to the world since 2019, achieving sales of 700,000 vehicles in 55 months. As of now, Jetour Auto has established over 400 sales and service networks in 35 countries and regions, and achieved the first place in export sales of China’s cutting-edge SUV brands and the second place in the growth rate of China’s full brand automobile exports in 2022.

In addition to these achievements, Jetour Auto is also opening up new markets at a faster pace. In 2022, Jetour Auto successfully entered the Mexican market and signed the first batch of orders for 1000 units; On January 9, 2023, Jetour Auto signed a distribution agreement with Belarusian Atlant M Group to accelerate its strategic layout and globalization process in the Eastern European market; In February 2023, Jetour Auto officially entered the Philippine market and signed a national distribution agreement with its partner JAPI Company.

Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government

Total Export Volume of Wuhu Reached 21.05 Billion Yuan in Q1

It is learned from Wuhu Customs that the foreign trade in the city has seen robust recovery. In the first quarter, the city’s total export value was 21.05 billion yuan, up 53.2% year-on-year, 37.7 percentage points higher than the province’s growth rate, accounting for about 17.8% of the province’s total export value.

At Wuhu Port International Container Terminal, the reporter saw that large cranes were busy lifting goods, and ships streamed across the Yangtze River. Freighters transported products made in Wuhu to all parts of the world. It is learned that since the beginning of this year, Wuhu Customs has earnestly implemented a series of measures taken by the General Administration of Customs and Hefei Customs to ensure steady and high-quality growth in foreign trade, guided enterprises to make full use of customs clearance facilitation measures such as “advance declaration” and “two-step declaration”, set up green channels for import and export of agricultural products, fresh and perishable commodities, and given priority to customs certification enterprises, and provided enterprises with 24/7 overtime reservation service.” In addition, Wuhu Customs vigorously promotes preferential policies such as RCEP, multi-purpose insurance, and origin inspection and quick release, continuously reducing customs clearance costs of enterprises, and helping enterprises to have more confidence and courage in increasing orders and expanding markets.” according to Xu Min, deputy section chief of Wuhu Customs Integrated Business Division.

In addition to the promotion of a series of measures to promote the stability and quality improvement of foreign trade, Wuhu has actively organized a number of export-oriented enterprises to go to Japan, South Korea and other countries to grab orders, helping enterprises to find business opportunities and enhance their confidence in steady growth. “By attending exhibitions and visiting customers, we have made obvious achievements.” Tao Chunxia, sales director of Muchen International E-commerce Co., Ltd., said that the company’s sales revenue increased by 20% year-on-year in the first quarter.

Translated by Wang Mengxiao from Foreign Affairs Office of Wuhu Municipal People’s Government

2023 Chery International Business Conference Held in Wuhu

On April 22nd, 2023 Chery International Business Conference with the theme of “New Track, New Journey” was held in Wuhu. Shan Xiangqian, Secretary of the CPC Wuhu Municipal Committee, Fang Xu, Secretary of the Party Leadership Group and Director General of Anhui Provincial Commerce Department, Yin Tongyue, Secretary of the Party Committee and President of Chery Holding Group Co., Ltd, and Zhang Dong, Member of the Standing Committee of the CPC Wuhu Municipal Committee and Executive Vice Mayor attended the conference.

On behalf of the CPC Wuhu Municipal Committee and the Municipal Government, vice mayor Zhang Dong extended the warmest welcome to all the guests. During his speech, Zhang Dong said that Wuhu takes auto industry as the primary industry, actively builds a world-class industrial cluster, and initially forms an industrial pattern led by Chery Group and supported by Continental, Vitesco, and BTL. Through solid and steady steps, Chery has witnessed a great advancement in developing its products and brands. From the Middle East and South America to Eastern Europe and the European Union, Chery automobile can be found almost everywhere in the world, exploring a new mode of Chinese enterprises “going abroad”. Many star products are trusted and loved by overseas consumers. Wuhu will, as always, provide Chery with the greatest support in various aspects with a more open attitude and more considerable services, so as to ensure Cherys long-term and steady development. We look forward to and sincerely hope that all the guests will work together with Chery and Wuhu to seek common development and win-win future!

The launching ceremony of Cherys “Green Initiative” was held, and Chery released new products and technologies at the conference.

Translated by Wang Mengxiao from Foreign Affairs Office of Wuhu Municipal People’s Government

China’s Foreign Trade Returns to Growth

BEIJING, April 13 (Xinhua) — China’s total goods imports and exports expanded 4.8 percent year on year in the first quarter of 2023, reversing a decline of 0.8 percent in the first two months of the year, official data showed Thursday.

Foreign trade has been improving over the past three months. After dropping 7 percent year on year in January due to the Spring Festival holiday, it recovered to an expansion of 8 percent in February before surging 15.5 percent in March.

The first-quarter growth rate accelerated by 2.6 percentage points from the pace recorded in the fourth quarter of last year, according to the General Administration of Customs (GAC).

“China’s foreign trade has displayed resilience in the first quarter. The steady growth laid a foundation for promoting stability and improving quality of foreign trade throughout the year,” said Lyu Daliang, an official with the GAC.

In the first three months, exports grew 8.4 percent year on year to 5.65 trillion yuan (about 823 billion U.S. dollars) while imports rose 0.2 percent to 4.24 trillion yuan, bringing the total trade to 9.89 trillion yuan.

During this period, the Association of Southeast Asian Nations (ASEAN) remained China’s largest trade partner. China’s trade with ASEAN countries rose 16.1 percent year on year, 11.3 percentage points higher than the country’s overall trade growth rate.

Trade with countries along the Belt and Road jumped 16.8 percent year on year, while that with other members of the Regional Comprehensive Economic Partnership grew 7.3 percent during this period.

New drivers are taking hold, as China saw a 66.9-percent increase in the exports of three green products, namely solar batteries, lithium-ion batteries, and electric vehicles. These three products contributed 2 percentage points to the overall export growth in the first quarter.

IMF: China’s Rebound Can Help A Slumping Global Economy

The strong rebound of the Chinese economy is a boon to global growth, the International Monetary Fund chief said on Thursday as she cautioned global policymakers against the risk of supply chain security leading to a new cold war.

The IMF, in its World Economic Outlook released two days ago, forecast China’s growth to stay at 5.2 percent this year, a 0.8 percentage point revision to IMF’s October projection, as it said the world is experiencing a “rocky recovery”.

“We have been pleased to see this rebound of China not only for China, of course for China, but also because of China’s role in the world economy,” IMF Managing Director Kristalina Georgieva told a news conference at the IMF and World Bank spring meetings that run through Sunday.

“China this year is going to contribute about one-third of global growth. We calculated that 1 percent more growth in China translates into 0.3 percent more growth for the economies that are connected to China,” the IMF chief said.

Georgieva, who met with Chinese Premier Li Qiang during her visit in China at the end of last month, said she was encouraged to hear from the Chinese leadership a commitment to constructively engage and to do its part for the countries that are pressed to restructure their debts.

“What impressed me was the Premier Li Qiang’s very clear message on China continuing to reopen and pursue reforms that can strengthen the prospects for China’s growth,” she said.

Georgieva said she also discussed with the Chinese leadership the “significant challenges”, including how to manage the real estate sector, where actions are being taken but more may be needed.

At the news conference, the IMF managing director warned global policymakers not to let supply chain security precipitate a new cold war, as security of supplies and the reliable functioning of global supply chains is taking a “new, higher priority seat” in economic discussions following the COVID-19 pandemic and the conflict in Ukraine.

“The question is, can we be more determined to enhance security of supplies but not push the world that far that we are into a second Cold War?” she said. “I believe it is possible.”

US Treasury Secretary Janet Yellen last year argued that rather than relying heavily on countries with which the US has geopolitical tensions, US firms should move toward friend-shoring of supply chains to a large number of trusted countries, according to the April World Economic Outlook.

The report explains that “friend-shoring” limits supply chain networks and the sourcing of inputs to countries allied with the home country and trusted partners that share similar values.

On Wednesday, Group of Seven (G7) finance leaders pledged to give low- and middle-income countries a larger role in diversifying supply chains to make them more resilient and sustainable.

Their communique did not mention China by name, but the supply chain language fit in with “friend-shoring” efforts championed by Yellen and other Western leaders to trade more with allies and become less reliant on the Asian manufacturing powerhouse for battery minerals, semiconductors and other strategic goods, Reuters reported on Wednesday.

“I am among those who know what are the consequences of a cold war: It is loss of talent and contribution to the world,” Georgieva said.

She said that trade fragmentation resulting from the rising geopolitical tensions could increase financial stability risks, potentially reducing global economic output by between 0.2 percent and 7 percent.

“It’s a long way from here to there. So we can rationally accept there would be some cost, there would be some fragmentation but keep this cost low,” she said.

To keep the cost lower, institutions like the IMF could help build more common understanding and trust, while policymakers need to “defend the interests of their citizens”, Georgieva said.

“If we fail to be more rational, then people everywhere would be worse off. The middle class in each country would pay a price,” Georgieva said. “So a bit more cool-headedness would take us a long way.”

In another news conference on Thursday, World Bank President David Malpass said China’s rebound in growth is a pickup that “adds to global growth”.

“It also reflects China’s efforts and explicit efforts to have a faster opening process for China and to have the supply chains begin to come back together as they feed into global supplies,” Malpass said.

Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, noted that China’s reopening will provide fresh momentum to the rest of Asia, a dynamic region that would contribute more than 70 percent to global growth this year.

China’s boost to Asia’s growth will mostly stem from the country’s consumption demand rather than investment, according to Srinivasan.

Wuhu Port Set a New One-day Packing Record for Chery Automobile Exports Again

Recently, Wuhu Port completed the task of loading 663 Chery vehicles and 221 large containers, once again refreshing the single-day record of 567 vehicles and 189 large containers on March 13.

In order to ensure a safer, more orderly and efficient packing operation for Chery automobile export, Wuhu Port has continuously innovated and optimized the production organization since it undertook the whole vehicle packing business of Chery automobile. It has formulated specific operation plans around the loading operation process, improved and configured operating tools and safety protective supplies, and successfully realized the loading process of 3 cars in one container.

It is understood that the packed vehicles will be shipped to the port of Shanghai for re-export to Turkey, Mexico and Russia.

Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government

Chery Unveils Commitment to Electrification

Chinese carmaker Chery unveiled its electrification ambition on Friday as it steps up efforts to explore the increasingly popular sector in the world’s largest vehicle market.

Gao Xinhua, executive vice-president of the Anhui province-based carmaker, said this year it will launch a platform for hybrids and another for electric vehicles as well as a slew of cutting-edge technologies including those for its batteries and the carmaker’s own operating system.

Chery’s high-end Exeed marque released an NEV product line called Sterra, which it said will cover models from sedans to SUVs and MPVs. The models will be available in both electric versions and range-extending ones.

The carmaker also unveiled its third-generation hybrid technology. The dedicated powertrain features a 1.5-liter turbocharged engine that generates a maximum output of 115 kW and a top torque of 220 Nm.

The third-generation technology allows vehicles to sprint from zero to 100 km/hour in 4.6 seconds, said Chery.

Four models featuring the technology were showcased on Friday. Li Xueyong, vice-president of Chery, said it will launch at least 20 models using its latest hybrid technology from 2023 to 2024.

Chery also unveiled its standalone NEV brand, called iCar, at the same event. Details about the brand and its models are expected to be explained on April 16, said the carmaker.

China has been the world’s largest market for NEVs. There were 6.89 million electric cars and plug-in hybrids were sold, up 93.4 percent year-on-year, according to the China Association of Automobile Manufacturers. The figure is expected to reach 9 million by the end of this year.

China Focus: Smart Technologies Empower China’s Protection of ‘Mother Rivers’

HEFEI — Equipped with a remote-sensing satellite, radar, drones and cameras, an intelligent management platform conducts real-time monitoring of the Wuhu section of the Yangtze River.

“With the intelligent equipment and algorithms, the platform can analyze the conditions of passing vessels automatically and notify inspectors if there is illegal fishing, sand mining, or waste dumping,” said Wei Bo, an official with the Wuhu municipal development and reform commission responsible for building this platform.

According to Wei, the intelligent platform was launched in January 2021 based on the data and technical support of multiple departments in Wuhu city, East China’s Anhui province, to jointly protect the Yangtze River in smarter and more efficient ways.

Along the Wuhu section of the Yangtze River, dozens of high-definition cameras were installed to monitor the river around the clock. Radar signals from seven radar stations are shared by the platform to identify and trace illegal vessels, while satellite imagery is used and compared each season to observe the possible destruction of wetlands.

“Thanks to these modern sci-tech methods, we have found more than 20 illegal sand mining vessels and cracked over 120 illegal fishing cases, deterring illegal acts on the Yangtze River and improving the ecological environment of the Yangtze,” said Wei.

The Yellow River and the Yangtze River are the “mother rivers” of the Chinese nation. Amid joint efforts to protect “mother rivers,” multiple sci-tech measures have played an important role.

In East China’s Shandong province, 2,627 video surveillance sites and 219 drones have been applied to monitor and patrol the Yellow River sections passing through this province.

“Through smart equipment, we adopt an integrated patrol method to monitor floods and illegal acts on the Yellow River, which can greatly increase patrol efficiency and reduce related risks in the event of extreme weather,” said Li Mindong, an official with the Shandong Yellow River information center.

Besides intelligent patrol, as more and more ships are encouraged to use onshore power sources to protect the ecosystem of the mother rivers, the construction and application of smart onshore power options have also speeded up at ports along the rivers.

At a port in Tongling city of Anhui, shipowners are scanning QR codes on onshore power piles with their smartphones to supply power to their ships directly, instead of relying on fuel-powered generators.

“On traditional onshore power piles, users need to record the power consumption and calculate the fees manually. Now, they can use and pay for electricity by scanning the codes on smart piles, which is very convenient. The total power consumption of vessels is also available in our system,” said Li Gen from State Grid Tongling electric power company.

Currently, 23 ports in Tongling city have been equipped with onshore power facilities. In 2022, the onshore power consumption of Tongling’s ports reached 769,000 kWh, a year-on-year increase of 33 percent, which is equivalent to a reduction of about 192 tonnes of fuel consumption and 49.9 tonnes of carbon dioxide emissions.

According to the administration of navigational affairs on the Yangtze River under the Ministry of Transport, over 780,000 transportation ships from the 11 provincial-level regions along the Yangtze River Economic Belt used onshore power totaling more than 74.9 million kWh in 2022, with both the number of vessels and the onshore power usage reaching a record high.

Wuhu High-end Equipment Manufacturing Industry Association Established

On March 6th, the inaugural meeting and the first general meeting of Wuhu High-end Equipment Manufacturing Industry Association were held in the Municipal Enterprise Service Center. At present, the association has 64 high-quality member units, involving agricultural machinery and equipment, additive manufacturing, rail transit equipment and other industries.

Manufacturing industry is vital for national economy. In recent years, Wuhu has basically built an agricultural machinery and equipment industrial cluster in Sanshan Economic and Technological Development Zone, a rail transit equipment industrial cluster in Wuhu Economic and Technological Development Zone, and an additive manufacturing industrial cluster in Fanchang District. The relevant person in charge of Wuhu Binjiang Intelligent Technology Co., Ltd. said that they will build a service platform of “business attraction and talent recruitment” to realize the high quality development of Wuhu high-end equipment manufacturing industry with the support of the association.

It is learned from the municipal Economy and Information Technology Bureau that since 2022, Wuhu has accelerated the implementation of key projects of high-end equipment manufacturing industry. Last year, the city attracted 138 new related projects, with a total investment of 142.94 billion yuan. The fund of funds totaling 13.5 billion yuan concerning Anhui high-end equipment manufacturing industry was attracted in Wuhu. Next, the city will gather the leading enterprises, emerging enterprises and cutting-edge enterprises to realize the high-end equipment manufacturing industry of 100 billion sales with the support of the association, the industrial market, and the government.

Translated by Wang Mengxiao from Foreign Affairs Office of Wuhu Municipal People’s Government

Conch Group Awarded the 7th China Grand Awards for Industry

The seventh China Grand Awards for Industry were announced on March 19 in Beijing and Conch Group was named as winners. 

The China Grand Awards for Industry are the highest in China’s industrial field with the approval of the State Council, which are organized by China Federation of Industrial Economics and presented every two years. The awards aim to recognize enterprises and projects that have made outstanding achievements and contributions in adhering to the path of new industrialization with Chinese characteristics, leading the high-quality development of China’s industrial economy. After rigorous evaluation, a total of 19 enterprises and 19 projects have been selected for the awards.

Our province insists on putting the focus of economic development on the real economy, promoting new industrialization, implementing the action of expanding advantageous industries and cultivating high-quality enterprises in gradient. Conch Group adheres to innovation-driven strategy, technology empowerment, traditional cement industry transformation and upgrading, and green emerging industries cultivation and expansion. For four consecutive years, Conch Group has been ranked among the world’s top 500 enterprises, and has been selected in the list of world-class demonstration enterprises created by the State-owned Assets Supervision and Administration Commission of the State Council.

In recent years, Conch Group has implemented a number of forward-looking scientific and technological innovation projects. It has built the world’s first cement kiln tail gas carbon capture and purification project, the world’s first cement whole-process intelligent factory, China’s first autonomous driving project of open-pit cement mine cars, and has made a number of major scientific and technological innovation achievements, effectively promoting technological progress, structural adjustment, transformation and upgrading of China’s cement and building materials industry.

Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government