On the afternoon of March 20th, Chongqing Mayor Huang Qifan met with Han Cheng Tire Global CEO Xu Chenghe and his party. Huang Qifan said that Chongqing is an important automotive industry base in China and currently gathers seven major automobile brands, including Chang'an, FAW, Second Automobile, Beiqi, SAIC, and Qingling and Hongyan. It is expected that Chongqing will produce more than 4 million vehicles in a few years. At the same time, there are still more than 10 million motorcycles produced each year in Chongqing. The demand for tires will be very large. It is advisable for Hankook to set up factories in Chongqing.

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