Core Insights - In 2024, the total output value of 332 industrial enterprises in Xi'an Economic Development Zone is expected to exceed 246 billion yuan, representing a year-on-year growth of 12.9% [1] - The automotive industry in the region has surpassed 100 billion yuan in output value, with a growth rate of 12.7%, and Geely's production has exceeded 300,000 vehicles [1] - The new energy industry has seen a significant increase, with an output value of 26.5 billion yuan, marking a year-on-year growth of 75.3% [1] Industry Development - Xi'an Economic Development Zone has established itself as a key area for industrial development in the province and city, forming a unique manufacturing base for both commercial and passenger vehicles, led by Shaanxi Automobile Group and Geely [1] - The region has developed a robust supply chain with over 30 core component companies and hundreds of supporting enterprises, achieving a total vehicle production capacity of 600,000 units [1] - The automotive industry in the zone is expected to continue its strong growth, with a projected increase of over 20% in output value in the first quarter of 2025 [1] Policy and Support - The local government has implemented supportive policies, innovative services, and precise investment attraction strategies to promote the automotive industry's development [2] - Initiatives such as the "Hundred People Assist Thousand Enterprises" program have been launched to enhance communication between government and enterprises, facilitating stable growth [2] - The establishment of a traffic management service station has improved logistics efficiency for companies in the region [2] Future Directions - The Xi'an Economic Development Zone aims to focus on the electric, connected, intelligent, and green development of the automotive industry, enhancing vehicle manufacturing capabilities [2] - Plans include strengthening the supply chain collaboration and introducing key enterprises in critical segments to support local companies in technology upgrades and capacity expansion [2] - The establishment of a "production-study-research-use" collaborative mechanism is intended to promote the industrialization of major technological achievements within the zone [3]