·Sichuan Provincial Government signed a strategic cooperation framework agreement with CRRC and FAW

On the 11th, the Sichuan Provincial People's Government held a signing ceremony for the strategic cooperation framework agreement with China CRRC Group Corporation and China First Automobile Group Corporation in Chengdu. Wang Dongming, secretary of the Sichuan Provincial Party Committee, Wang Wenbin, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, and Wu Jingping, member of the Standing Committee of the Sichuan Provincial Party Committee and Secretary-General, attended the signing ceremony and witnessed the signing of the agreement.
The agreement is clear, CRRC Group will take Sichuan Province as an important area for its “13th Five-Year Plan” period and even longer development, actively open up cooperation channels, expand cooperation areas, and provide support for the leading development of Sichuan rail transit industry. The two sides will jointly build the Western Strategic Base of CRRC Group, promote the scientific layout of high-speed EMUs, intercity EMUs, urban rail subways, and trams, and carry out rail transit projects and rail transit equipment supporting mechanical and electrical equipment manufacturing maintenance services. Cooperation in the four major sectors of railway and rail transit business, urban infrastructure business, new industry business and service business.
At the same time, the existing infrastructure and resources will be fully utilized, and the new infrastructure business represented by new energy, new energy vehicles and sewage treatment will be used for the urban infrastructure business represented by general contracting of the project, and the service business represented by logistics and finance will be carried out. Reasonable layout to realize the three-dimensional development of the CRRC business in Sichuan Province.
According to the agreement, FAW Group will fully consider the location advantages, resource advantages and industrial base of Sichuan Province, and take Sichuan Province as a group to actively integrate into the western strategic base of the “Belt and Road” strategy, and carry out cooperation in new technologies, new technologies and new products. Increase the R&D and manufacturing of intelligent networked cars and new energy vehicles in Sichuan, speed up product launch and promotion; continue to deepen cooperation with Sichuan Province in the fields of vehicle, engine, parts and components, logistics support, and derivative economy, with priority in Sichuan We will develop new formats and new fields such as auto finance and internet vehicles, and lay out products that meet market demand, and continue to improve local matching rates.
Sichuan will provide policy support and service guarantee for FAW Group, cooperate with FAW Group to expand the domestic western market and the development space along the “Belt and Road”; and vigorously support FAW Group's R&D and manufacturing of intelligent networked vehicles and new energy vehicles.

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