China Beijing, August 2, 2021-- Beijing Automotive Group Co., Ltd. (BAIC) is ranked the 124th in the 2021 Fortune 500 List with business revenue of RMB497.82 billion. Since 2013, BAIC has consecutively remained such honor for 9 years, witnessing escalation by 212 places within 8 years.
In the context of China’s economic high-quality development, BAIC actively grasps the opportunities and integrates government policies and macro planning into corporate growth strategies, which consists of perfect modern enterprise system with Chinese characteristics, comprehensive marketing operation, improved business layout, more efficient management and better innovation.
BAIC has advanced multi-methods to strengthen self-owned brand and realize high-quality development. It strives to forge a new market-oriented brand architecture combining ARCFOX, Beijing Automotive, Beijing Off-road Vehicle, BAIC FOTON and Changhe Automobile. Based on advantages of every model unit, an integrative and coordinative operation system has been built up to facilitate the whole value chain including R & D, procurement, manufacture and marketing & sale. Moreover, it devotes to establishing a leading automobile scientific research center, and deepening the transformation of talent development and corporate management.
Insisting on the new development ideology and corporate mission of building a strong self-owned brand, BAIC, as one of major Chinese auto enterprises, makes great efforts to implement supply-side structural reform, enhance market reform in three main-field as compled vehicles, spare parts and services, and practice the 14th five-year plan, contributing to the glory-century BAIC.
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