FUZHOU, China, The Automotive Industry Action Group (AIAG), Hong Kong Productivity Council (HKPC) and Economic and Trade Commission of Fujian Province (Fujian ETC) have signed a memorandum of understanding today in Fujian to help Chinese suppliers there become global suppliers to the automotive industry.
"This new program is simply another important step in AIAG's ongoing commitment to work with the Chinese government to accelerate the development of the automotive supply base in China," said J. Scot Sharland, executive director of AIAG. "A significant number of AIAG member companies - both OEMs and suppliers alike - are looking for partners that can supply the components they need within China as well as help them leverage the cost advantages there to supply other markets around the world. By collaborating with Fujian ETC and HKPC, AIAG can help Fujian auto parts suppliers to develop strategies for participating in one of the fastest growing markets in the world in terms of pure organic growth."
Dr. Stephen Lee, Director of HKPC, said, "HKPC is pleased to collaborate with AIAG to assist the auto parts sector in Fujian to enhance their capabilities. Leveraging our expertise and experience in the industry, this strategic partnership will facilitate industry players to enter the global supply chain."
Mr. Zhang Jin Zhu, Vice Director of Fujian ETC said, "We are pleased to collaborate with these professional organizations - AIAG and HKPC - to enhance the capability of Fujian auto parts companies by helping them meet global standards and become global suppliers."
Under the agreement, all three organizations will work together to enhance the competitiveness of automotive suppliers in Fujian by improving their capabilities in development, production and management through gap analysis, training and other tools for improvement.
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