FAW Toyota Beijing headquarters moved to Tianjin, offering high compensation

FAW Toyota's Beijing headquarters is about to move to the Tianjin plant. For employees who do not want to move, the company will provide a maximum compensation of N+7. This move is to cope with the fierce competition with local car dealers in the Chinese market and promote the rationalization of the sales system. However, FAW Toyota still regards China as an important market and will not reduce its production system.