South Korean car maker Hyundai expects to see its production capacity in China rival the volume in its home country by 2017.
It announced the start of construction of a new plant in Southwest China's municipality of Chongqing early this month, with a planned annual production capacity of 300,000 units.
The move followed the breaking of ground for another new plant in Cangzhou, North China's Hebei province, last month with the same production capacity.
Once the two plants come on line, the company expects to see its annual production in China hit 2.7 million units by 2017, in line with its home production.
Statistics show that Hyundai sold 1.81 million cars last year, up 12 percent year-on-year.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
