Why is FAW Headquarters called NBD?
4 Answers
NBD is the English abbreviation for the new work model 'Next Business Day' initiated globally by Dell Corporation. It fully reflects the significant position of 'China FAW' in the global context. Below are the differences between FAW-Volkswagen and Shanghai Volkswagen: 1. Joint Venture Aspect: FAW Group Corporation and Volkswagen AG jointly operate the joint venture; Shanghai Volkswagen involves investments from both Chinese and German parties. 2. Production Line Aspect: Shanghai Volkswagen produces brands including Santana, Passat, POLO, Gol, Lavida, Touran, Tiguan, Skoda Octavia, and Superb; FAW Volkswagen produces brands including Audi, Jetta, Golf, Bora, Sagitar, Magotan, and CC.
FAW's headquarters is called NBD, which actually stands for New Business District, the abbreviation of Changchun's new business zone. Back in the day, this area of Changchun was still an old industrial district. With the upgrading of the automotive industry, the municipal government planned this area specifically for modern business services. As a leading enterprise, FAW naturally established its presence here, attracting many new companies to move in and promoting local economic transformation and job opportunities. This name has become a customary reference, reflecting urban development and industrial innovation. Now, every time I pass by and see the towering buildings, I feel how much things have changed, and it has also driven the improvement of surrounding facilities.
NBD is the abbreviation for the New Business District where FAW Group's headquarters is located, representing New Business District. Choosing Changchun as the location for the headquarters was aimed at integrating resources, attracting investment, and facilitating cooperation with domestic and international automakers. During the initial planning, considerations were given to transportation connectivity and policy support to establish this area as a hub for automotive R&D and management. After FAW moved in, the entire region gained vitality, and supporting facilities rapidly developed, transforming it into a modern industrial cluster. Every time I attend business events there, the innovative atmosphere leaves a lasting impression.
NBD is the name of the area near FAW's headquarters, representing the New Business District. People in Changchun often call it that because the area was originally desolate but later developed into a modern business district, concentrating high-end office buildings and automotive-related industries. The relocation of FAW brought about changes, and residents living here have grown accustomed to this name, feeling that it represents a fresh new face for the city.
