In a move to further internationalize China's automotive industry, the National Trade Transformation and Upgrading Base (Auto & Parts) in Shanghai's Jiading district recently launched the GreenChain Valley.
The facility, located in the center of the base, is designed to support local automotive and component companies in expanding their global footprint, aligning with the broader trend of globalization.
The newly operational valley focuses on the global expansion of the new energy vehicle (NEV) industry. It provides comprehensive support, from technical certification to market development, for companies aiming to penetrate international markets.
Reman, a Ningbo-based new energy technology company, is among the first resident companies in the valley. The company specializes in battery testing, repair, and remanufacturing. Its core technology is permanently authorized by Germany's top automotive engineering service provider — FEV Group. The two sides have established a long-term partnership.
"Partnering with the base will speed up our global expansion," said CEO Zhang Mingyu. "We've made plans to work together to build an overseas after-sales network, carry out joint marketing, and boost tech innovation."
Zhang added that the base offers valuable resources and policy support, along with a global platform for market expansion.
Through the GreenChain Valley, which helps connect high-quality supply chain resources, Libya's Hanzo Motors plans to develop vehicles specifically designed for the Libyan market. [Photo/jiading.gov.cn]
Also among the resident companies is Hanzo Motors, Libya's first homegrown car manufacturing company, which plans to set up its Asia-Pacific headquarters and R&D center in Jiading in the second half of this year. Through the valley, it intends to utilize the Yangtze River Delta region's supply chain resources to develop vehicles tailored for the African market.
To further assist companies in their international ventures, Jiading is expanding its network of overseas industrial park collaborations, focusing on regions like the Middle East, Eastern Europe, and Southeast Asia. The base has established strategic partnerships with over 10 major overseas industrial parks worldwide, covering key markets in Belt and Road partner countries.
This "park-to-park" cooperation model provides localized and precise services, significantly lowering entry barriers and risks for companies.