The London Taxi Co. restarted production of the famous black cab on September 11, six months after the business was rescued by China's Geely Group.

Following improvements to London Taxi Co.'s manufacturing

facilities in Coventry and the creation of around 66 new jobs, the company has once again commenced the building of new TX4 models on its production line.

Geely Group Chairman Li Shufu and Britain's Business Secretary Vince Cable were present to officially start production.

Since Geely Group acquired the company in February 2013, it has cleared the inventory of vehicles that remained following the closure of the production facilities in 2012.

Once fully up and running, the production line will complete around 10 new taxis a day, five days a week, and the vehicles will be the most sophisticated ones produced by London Taxi Co. with additional quality improvements, said Geely.

Siemens' New Plant

Siemens' first overseas digital factory began operating in Chengdu, capital of southwest China's Sichuan Province, on September 11, producing goods for worldwide markets.

The Siemens Electronics Works Chengdu (SEWC), built in the Chengdu Hi-Tech Zone, is highly digitalized from product design to manufacturing, said Anton Huber, CEO of Siemens AG Industrial Automation Division.

"The investment shows our confidence in further growth in China," said Marc Wucherer, President of Industry Sector Siemens North East Asia.

He said SEWC will raise the R&D and production efficiency of Siemens automation products, and "shorten the time-to-market."

SEWC mainly manufactures simatic industry automation products, providing control systems and solutions for industrial firms ranging from automobile, metallurgy, petrochemical, food and beverage, to infrastructure.