In the past five years, FAW Group fully implemented innovation-driven development strategy, steadily advanced scientific and technological innovations with regard to “new intelligence, new energy, new material, new process, new design and new craftsmanship,” and achieved fruitful outcomes in technological and ecological innovations as well as innovations in product and management.
Going forward, FAW will stay committed to comprehensively and thoroughly implement the important remarks of Xi Jinping, General Secretary of the Communist Party of China Central Committee, who stressed aspirations and efforts to build strong domestic automobile brands when he visited the R&D headquarters of FAW Group during his inspection tour in northeast China's Jilin Province on July 23, 2020. During the 14th Five-Year Plan period (2021-2025), FAW Group will spare no effort to make breakthroughs in key and core technologies, advance development of self-owned brands, and build itself into a world-class automobile manufacturer at an early date.
Xu Liuping, Chairman of FAW Group released Innovation 2030 - Hongqi R.Flag Technological Development Strategy and elaborated FAW’s technological development objectivity and route for implementation at the conference. Wang Guoqiang, Vice President of FAW Group reviewed FAW’s scientific and technological innovation achievements during the 13th Five-Year Plan period (2016-2020), and released FAW’s Technology Development Objectivity in the 14th Five-Year Plan period (2021-2025). Qin Huanming, Member of BOD, and Deputy Secretary of the CPC FAW Group Committee announced FAW’s decision on awarding and honoring individuals and teams who made outstanding contributions in scientific and technological innovative development of FAW.
At the conference, FAW Group also announced to jointly establish basic application laboratories with Jilin University, Beihang University, Beijing Institute of Technology, and Shanghai Jiaotong University respectively.
FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.