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Xiamen King Long United Automotive Industry Co., Ltd. is one of the biggest bus builders with annual production of 20,000 units in the world, referring to various types of buses from 6-meter to 18-meter. In 2009, this company sold 15,344 buses with more than 5 billion Yuan for sales and exporting amount reaches 1.233 billion Yuan, ranking the top in China. At present, King Long owns over 400 technicians and a group of excellent R &D and technical personnel, which lay solid foundation for its development and design keeping pace with leading international level.
As part of the Xiamen "Ten Billion of Industry Chain", King Long has launched 16 projects related to engine, body, chassis, frame, transmission pans, air-conditioner and seats. Xiamen has been one of the first national eight automobile and components exporting base in 20 years. It is known that the assets value of automobile industry chain reaches about 18.5 billion Yuan with the production capacity of 30,000 light buses; 25,000 large-sized and medium-sized buses. The sales volume of buses is around 30,000 units in 2008.
Xiamen City has been one of the biggest bus exporting bases in China. According to the data from customs, there is one King Long bus in every five exporting buses in 2008. Also, King Long received about 43,000 customers from home and abroad, which effectively promotes the related consumption such as hotel, tourism and shopping in Xiamen. In recent 3 years, King Long offers more than 1000 new employments and raises a lot of professional staff for the automobile industry in Xiamen.
To promote the upgrading of the industrial structure, Xiamen is making 13 manufacturing industry chain groups worthy ten billion Yuan, including automobile. It is known that the output value of 13 chains was 17,86 billion Yuan, accounting for 64.2% of scale industrial output value. The related principal reflected that the general plan of 13 industrial chains showed as followed: firstly, careful implementation of the first 170 major development projects to make technology breakthrough and high-end level; secondly, encouragement of companies to extend front-end development design and rear-end brand marketing to enhance additional value of products; thirdly, actively developing national strategy with focus on new energy, new materials, energy-saving, new medicine and information industries. Therefore, it issued a series of preferable policies in Xiamen.