Zhejiang and Geely Holding Sign New Round of Strategic Framework Agreement

Edited by Greg From Gasgoo

Gasgoo Munich- On March 13, the Zhejiang Provincial Government and Geely Holding Group signed a new strategic framework agreement.

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Image Credit: Geely Holding Group

Geely Holding Group serves as the leading enterprise within Zhejiang’s automotive supply chain. The provincial government and the automaker first inked a strategic framework agreement in 2022, aiming to bolster government-enterprise collaboration and drive digitization and green initiatives across the industry. That partnership has since yielded a series of landmark achievements.

Under the new agreement, the two sides will deepen the integration of technological and industrial innovation, adhering to the guiding principles of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. Their shared goal is to forge a world-class advanced manufacturing cluster for automobiles and components. By leveraging Zhejiang's unique advantages in business climate and industrial resources—and Geely's innovative strength in smart manufacturing, new energy technologies, and intelligent connectivity—the partners aim to broaden their collaboration. The focus: driving the local auto sector toward a high-end, intelligent, and green transformation to support the high-quality development of Zhejiang's manufacturing base.

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