TIANJIN, China, April 26 /Xinhua-PRNewswire/ -- -- Tianjin Economic-Technological Development Area (TEDA) announced today that the brand-new ZR engine from Toyota was off the production line at the second plant of Tianjin FAW Toyota Engine Co., Ltd. The engine, which meets the tail gas emissions set-out by the Euro III standard, and that has the potential to also meet the Euro IV standard, will be installed in Toyota’s new Corolla, which will be off the production line at the third plant of Tianjin FAW Toyota Engine Co., Ltd. next month.
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The manufacturer of the ZR engine, Tianjin FAW Toyota Engine Co. Ltd., is the core parts manufacturer of Tianjin FAW Toyota Motor Co., Ltd. The ZR engine has the characteristics of high performance, low fuel consumption and low emissions, and it ranks top amongst its international peers in terms of motive power, fuel economy and environmental protection.
The environmentally-friendly engines are produced simultaneously and its output will reach 220,000 sets every year, which means the Chinese market is playing an increasingly important role for Toyota and the position of Tianjin Binhai New Area is undoubtedly more and more prominent in its strategy for the China market.
About Tianjin Economic-Technological Development Area (TEDA)
Tianjin Economic-Technological Development Area (TEDA) was established in 1984 with the approval of the State Council of the People’s Republic of China. It is one of the first state-class economic-technological development areas in the country.
TEDA is located in the center of a larger area bordering Bohai Sea and the east of the Asia-Europe Land Bridge, thus serving as the gate to the two super cities of Beijing and Tianjin, and the throat connecting the northeast of China. By the end of 2005, 4,067 foreign companies have landed in TEDA. Of the Fortune 500 companies, 57 multinational companies, from 10 countries and regions, including such well-established multinational giants as Motorola, Samsung and Toyota, invested in 123 enterprises in TEDA. In 2000, "Fortune" listed TEDA as one of the most highly recommended economic areas in China. In 2002 UNIDO listed TEDA as one of the most dynamic areas of China together with Shenzhen, Suzhou, Wenzhou, Shanghai Pudong and Xi’an High-tech Park.
For more information, please visit: http://www.investteda.org .
