Strategic partnership renewal boosts racing car industry

Zhang Jian and Ye Fengting

THE Shanghai Jiading Compre-hensive Bonded Zone and Porsche Motorsport Asia Pacific recently re-newed their strategic partnership at the Shanghai International Circuit.

The agreement aims to boost co-operation in racing car trade and services, classic car imports and ex-ports, and motorsport promotion, ensuring mutual benefits.

Porsche Motorsport Asia Pacific, the first motorsport enterprise settled in the bonded zone, special-izes in car sales, repairs and event organization.

Since signing their first strategic partnership framework agreement in 2021, the two parties have achieved significant success in motorsport, bonded storage, display, transac-tions and repairs, contributing to the integrated development of auto sports, culture and industry.

Focusing on building a compre-hensive ecosystem for the racing car and classic car industries, they will deepen cooperation in resource sharing, technological innovation, market expansion and talent devel-opment, boosting Jiading’s efforts to establish itself as a world-class automotive industry center.

Looking forward, Jiading Bonded Comprehensive Zone will leverage its geographic and policy advantages to expand the racing industry chain. It will accelerate the development of an international bonded racing service center, promoting industry upgrades.

Meanwhile, the suburban district will keep improving its business en-vironment, offering better services and more development opportuni-ties. It aims to be a strategic partner to businesses and a leader in advanc-ing China’s automotive sector.