BIZ Sensing of Liaoning (ln) Province Δ 14th of January 2014 Ω 8:42 PM

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~ Liaoning Province ~ Dalian City ~ Shenyang City	~ US Gov Shenyang Office for Aerospace Industry ~ U.S. Commercial Service Shenyang ~ Dalian by buyUSA	~ Mitsubishi Forklift (Dalian) Co., Ltd ~ sense for Ξ ~ sense for Ξ
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«BIZ Sensing in China	Θ	Θ
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~ Liaoning Province

»Liaoning Province Map

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~ Dalian City

»Dalian Map

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~ Shenyang

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~ US Gov Shenyang Office for Aerospace Industry

»Liu Yang

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~ U.S. Commercial Service Shenyang

»U.S. Commercial Service Shenyang
ξ Liaoning is the most industrialized province of the region
ξ its capital is Shenyang
ξ its port city is Dalian
ξ has benefited significantly from the revitalizing initiative
ξ Shenyang, together with six mid-sized surrounding cities, is expanding into the “hinterland” of Liaoning
ξ these six cities, each with a population of 1.6-3.4 million, are the bases for the province’s five major natural resources
ξ Dalian, with the biggest port in northeast China,
ξ has been designated by the central government in Document No. 36 to be developed into the transportation hub for Northeast Asia
ξ Dalian also plays the leading role in the construction of Liaoning’s “Five Points, One Line” project,
ξ with the goal of accelerating the development of, and providing interconnectivity between, inland Liaoning and the northeast region
ξ The “Five Point, One Line” project is the priority of the province’s 11th five-year plan,
ξ and has received approval for a loan of US$3.75-5 billion.

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~ Dalian by buyUSA

»Dalian by buyUSA

Dalian
ξ located on the isthmus of the Liaodong Peninsula in the bay of Korea
ξ is the principle marine gateway of Northeast China
ξ home to the largest deep water port in Manchuria
ξ Dalian handles roughly 70% of the region’s cargo and 90% of the region’s container transportation
ξ has trade links with over eighty countries
ξ imports nearly USD $1.5 billion worth of US goods per year
ξ is one of China’s most heavily developed industrial areas
ξ has made great strides to move itself up the high-tech manufacturing value chain
ξ is set to host Intel’s most advanced wafer fabrication facility in Asia
ξ with a total investment from Intel of around US$4 billion,
ξ the facility has been earmarked to become the largest foreign high-tech investment in all of China

Dalian’s Leading Industries
ξ key industries include manufacturing, refining and shipbuilding as well as the production of chemicals, electronics and software
ξ the city is home to one of the largest oil refinery bases in China, with a refining capacity of 30 million tons per year
ξ Dalian is prominent in the production of digital-control machine tools, heavy machinery, diesel oil engines and auto parts
ξ the city's manufacture of electronic products includes digital and audio systems, electronic equipment used in cars and ships,
ξ mobile telecommunication equipment, integrated circuits, computers & peripherals and medical electronic apparatus

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~ Mitsubishi Forklift (Dalian) Co., Ltd

ξ MHI to establish a forklift truck manufacture company in Dalian, in China’s Liaoning Province
ξ with the establishment of its own cost-competitive manufacturing plant in China,
ξ now home to the world’s largest market for engine-powered forklift trucks,
ξ MHI looks to conduct vigorous business closely adapted to the local market while simultaneously avoiding foreign exchange risks
ξ MHI also aims for the new company to function in the future as a forklift truck supply base to newly emerging markets
ξ such as Russia, in addition to the Chinese market
ξ is capitalized at US$37.5 million
ξ will be located in the Dalian Economic and Technological Development Zone
ξ construction of the plant will get under way in March, with completion scheduled for September 2009.
ξ will manufacture MHI's newest model forklift trucks with handling capacities between 1 and 3 tons
ξ initially core components will be provided from Japan and the new firm will produce major welded components
ξ since many Japanese affiliate companies, which are capable of manufacturing high-quality parts, operate in and around Dalian,
ξ the company will procure other sheet metal parts locally
ξ the parts procured in China will not only be supplied to the new company in Dalian;
ξ plans also call for parts provision to other MHI forklift truck manufacturing plants located outside of China
ξ once business has gotten on track, the company will gradually increase its production models and
ξ also mull market expansion to Russia, other CIS (Commonwealth of Independent States) member countries and Southeast Asia
ξ today the Chinese market for engine-powered forklift trucks has grown into the world's largest,
ξ surpassing the North American market and accounting for a 22% global share
ξ while overall demand has slowed due to the recent financial crisis,
ξ the Russian market, in addition to the Chinese market, are basically in a long-term increasing trend
ξ these favorable prospects spurred MHI’s decision to add a new company in Dalian to its previously existing three major forklift truck production bases:
ξ General Machinery & Special Vehicle Headquarters in Sagamihara, Kanagawa, Japan; Mitsubishi Caterpillar Forklift America Inc. (MCFA) in Houston, Texas;
ξ and Mitsubishi Caterpillar Forklift Europe B.V. in Almere, the Netherlands
ξ with its four bases in place, MHI will move forward in establishing a global production and procurement structure
ξ for forklift trucks fully optimized to today’s new business environment

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