Wega Auto Parts (Tianjin), a subsidiary of Brazilian auto parts distributor Wega, has signed an agreement to settle in the Tianjin Economic-Technological Development Area (TEDA).
Tianjin's Binhai New Area, which serves as a crucial strategic pivot in the coordinated development of the Beijing-Tianjin-Hebei region, is focusing on building complete innovation and industrial chains to transform Beijing's innovation resources into tangible productivity, according to a senior official of the area.
Not that it would ever blow its own trumpet, but the small town of Caigongzhuang, in Tianjin's Jinghai district, produces more than half of the world's brass and woodwind instruments.
Airbus on Dec 17 delivered its 800th A320 Family aircraft assembled in China, underscoring the European planemaker's long-term manufacturing presence in the country.
Representatives from Taiwan expressed a desire to boost cooperation with the Chinese mainland in fields such as intelligent manufacturing and high technology.
European aircraft manufacturer Airbus inaugurated on Wednesday its latest final assembly line for the A320 aircraft family in the northern Chinese city of Tianjin.