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Fukuyama has seized the opportunity of the transfer of Japan and South Korea's machinery processing industry and the launch of the Shanghai General Motors project. Japan, South Korea, and Shanghai have been selected as key areas for investment promotion. Currently, 18 auto parts projects have been settled with a total investment of 580 million yuan. From January to October this year, the auto parts enterprises in the region achieved an output value of 650 million yuan, accounting for 35% of the total economic output of the region. Among them, the Yanfeng Johnson Car Seat Project jointly invested by two Fortune 500 companies has started construction and will produce 150,000 car seats after production. At present, there are more than 30 auto parts projects in Fushan District.
Fushan District also adopted key support and follow-up services to vigorously cultivate dragon skull enterprises. The Yasaki Auto Parts project with a total investment of 30 million U.S. dollars took only 3 months from the signing of the contract to the trial production. All the procedures were handled by the management committee of the High-tech Zone. From January to October this year, Yazaki Corporation earned foreign exchange of USD 46 million. 53% of the total foreign exchange earned from exports from the district. Up to now, Fushan District has cultivated more than 30 auto parts dragon skull stem companies such as Yazaki Auto Parts, Dutch VMI Machinery, and Taili Auto Mould.