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On July 13, 1956, under the guidance of the China's Central Committee and with assistance from the former Soviet Union, construction of China's first automotive production base was completed. Known at that time as First Automotive Works (FAW) and now as First Automotive Group Corporation, this sprawling car and truck manufacturer headquartered in Changchun, China firmly launched the country into the automotive age. After fifty years of development and refinement, tremendous changes have taken place within FAW. In stark contrast to the early days of producing a single model of medium truck, FAW now produces hundreds of models of light, medium, and heavy trucks for every vocation. In the late 1950's, FAW quickly responded to market demand and commenced automotive and bus production, soon making FAW the leading producer of buses and luxury tourist coaches in China. In stark contrast to our early days, overall production volume has swelled from 30,000 units to an annual figure approaching one million. Under an evolutionary development of corporate infrastructure from that of a traditional state enterprise to a profitable and diversified group organization with the right combination of lean and progressive qualities, FAW is solidly in place to become a global player in the automotive industry. After surpassing the one million unit annual sales figure in 2005, FAW Group Corporation has set exciting new goals as the company makes use of the latest in information technologies to keep our people and customers connected worldwide, thus ensuring an important competitive edge in the marketplace.