The factories around Jimo Longquan Auto City include FAW Jiefang Qingdao Automobile Company Limited - Jimo New Plant, Longquan Industrial Park, and Longshan Yellow Wine Factory of Jimo District. 2001, Qingdao North Industrial Base was established. 2008, "Qingdao Key Economic Functional Zone Development Plan" planned ten major functional zones of Qingdao, and one of them is Qingdao Automobile and Components Industrial Functional Zone, focusing on the development of R&D, manufacturing and sales of complete vehicles and components. One of them is Qingdao Automobile and Components Industrial Functional Zone, which focuses on the development of R&D, manufacturing and sales of automobiles and components. 2012, on the basis of the functional zones, Qingdao Automobile Industry New City was established by expanding and integrating the Lagoon Hi-Tech Zone (former provincial-level Hi-Tech Zone).