The auto parts industry is the leading industrial economy in Gucheng County, Hubei Province, and the provincial key industrial cluster established by the Hubei Provincial Government. In 2011, the output value of Gucheng County's auto parts industry exceeded 10 billion yuan. It is estimated that by 2016, the output value of Gucheng County's auto parts industry will exceed 60 billion yuan. Gucheng Sanhuan Industrial Park will be the strongest in Asia and the largest in China. Auto parts research and development and production base. According to the goal of “bigger one enterprise, one industry, one clusterâ€, the leading role of Gucheng County auto parts industry is further highlighted. In promoting the construction of the Sanhuan (Gucheng) Industrial Park, the county has successfully become a strategic partner with Sanhuan Group, which has contributed to the Group's investment of 4 billion yuan, the annual production of 1.5 million pieces of front axle forgings, 1.5 million brakes and assembly. 250,000 projects, export car steering knuckles and other projects, to promote the development of the Gucheng auto parts industry cluster, the construction of the Asian forging center, disc brake base, stamping axle base. At present, the site selection of Sanhuan Industrial Park has been set, and the first phase of planning is underway. Three new projects of disc brakes, export car steering knuckles and stamping axle shells can be officially started. After the completion of the Sanhuan Industrial Park, the total industrial output value will be 16 billion yuan.
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