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FAW Group
China FAW Group Corp., Ltd. (First Automotive Works) is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin.FAW Today FAW's 50th Anniversary Brochure Founded on 15 July 1953, it is currently the second largest of the " Big Four" state-owned car manufacturers of China, together with , Dongfeng Motor Corporation and Changan Automobile. The company produces and s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW Car Company
FAW Car Company Limited, a subsidiary of FAW Group in Changchun, Jilin, China. It has been listed on the Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ... since 1997. Its passenger car marques include Hongqi, Bestune, FAW and Oley. References External linksFAW Car Limited Company Companies listed on the Shenzhen Stock Exchange FAW Group divisions and subsidiaries Companies based in Changchun Government-owned companies of China Vehicle manufacturing companies established in 1997 {{Motorvehicle-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprises Of China
A state-owned enterprise of the People's Republic of China ( Chinese: 国有企业) is a legal entity that undertakes commercial activities on behalf of an owner government. , the People's Republic of China has more SOEs than any other country, and the most SOEs among large national companies. As of the end of 2019, China's SOEs represented 4.5% of the global economy and the total assets of all China's SOEs, including those operating in the financial sector, reached US$78.08trillion. State-owned enterprises accounted for over 60% of China's market capitalization in 2019 and estimates suggest that they generated about 23-28% of China's GDP in 2017 and employ between 5% and 16% of the workforce. Ninety-one (91) of these SOEs belong to the 2020 Fortune Global 500 companies. Almost 867,000 enterprises have a degree of state ownership, according to Franklin Allen of Imperial College London. The role of the Chinese Communist Party (CCP) in SOEs has varied at different periods bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar FAW International
Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has a population of about 55 million. It is bordered by India and Bangladesh to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest. The country's capital city is Naypyidaw, and its largest city is Yangon (formerly Rangoon). Early civilisations in the area included the Tibeto-Burman-speaking Pyu city-states in Upper Myanmar and the Mon kingdoms in Lower Myanmar. In the 9th century, the Bamar people entered the upper Irrawaddy River, Irrawaddy valley, and following the establishment of the Pagan Kingdom in the 1050s, the Burmese language and Culture of Myanmar, culture and Buddhism in Myanmar, Theravada Buddhism slowly became dominant in the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW-Volkswagen
FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. It was founded on 6 February 1991. FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants. It has an additional assembly plant in Chengdu, Sichuan Province, and a fourth plant is under construction in Foshan, Guangdong Province. FAW-VW is capable of producing the cars based on the platforms of PQ34, PQ35 and PQ46. FAW-VW's year-on-year production volume exceeded 513,000 units as of 31 July 2009. History 1980s Audi AG began a contract on August 13, 1988, with First Automobile Works to produce the Audi 100 for the Chinese market. The 100 was assembled with imported parts from Germany. 1990s On November 20, 1990, the official contract of an annual capacity of 150,000 cars for the joint venture between FAW Group (First Autom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiefang (automobile)
Jiefang, generally a spelling without tonemarks of Jiěfàng (), may refer to: *''Jiefang Daily'', newspaper of the Shanghai committee of the Chinese Communist Party * FAW Jiefang, a truck manufacturing company ** Jiefang CA-30, military truck * the Chinese Communist Revolution, common known in China as the “liberation” People Jiefang is the Pinyin romanisation of various Chinese given names, including Jiěfàng () and Jiéfāng (). People with these names include: * Sheryl WuDunn (), American business executive and writer * Eryue He (), Chinese historical fiction writer Locations in China * Jiefang Bridge, in Guangzhou * Jiefang District, Jiaozuo, Henan Townships *Jiefang Township, Chizhou, in Guichi District, Chizhou, Anhui *Jiefang Township, Yi'an County, in Yi'an County, Heilongjiang Subdistricts *Jiefang Subdistrict, Bengbu, in Longzihu District, Bengbu, Anhui *Jiefang Subdistrict, Zhanjiang, in Xiashan District, Zhanjiang, Guangdong *Jiefang Subdistrict, Liuzhou, in Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW-GM
FAW-GM Light Duty Commercial Vehicle (FAW-GM) is a commercial vehicle manufacturing company headquartered in Changchun, China, and a 50:50 joint venture between FAW Group and General Motors General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f .... It was founded in 2009 and its activities include the Harbin Light Vehicle factory and FAW Hongta Yunnan Automobile Co Ltd. The plants were named,''FAW Harbin Light Duty Vehicle Co.'', ''FAW-GM Hongta Yunnan Automobile Manufacturing Co., Ltd.'' and ''Changchun Plant''. The company builds ''Jie Fang'' pickups and light commercial vehicles, with the possibility of building models for GM to sell under their marques. FAW-GM sold a total of 55,609 vehicles in China in 2012. In 2019, GM withdrew from the joint venture. The company was then renamed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
