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China Auto Parts Rise Of The Industry

- May 16, 2017-

It is understood that China's first batch of auto-export-oriented export-oriented enterprises are emerging. In 2009 China's total exports of vehicles and spare parts amounted to 19.7 billion US dollars. Which auto parts, body, accessories accounted for 43% of related products exports, an increase of 51%. Due to rising raw material prices, vehicle profits decline, while the overall level of China's parts industry has improved, reached the international standard, the international auto giants have purchased domestic auto parts. By the end of 2009, at least 70% of the world's top 100 auto parts suppliers had operations in China. Although the situation is gratifying, but in the long run, auto parts enterprises should strengthen technological innovation, enhance the level of research and development, to create high value-added, high-tech products. Such as engine, battery, air conditioning compression, car navigation systems, shock absorbers, brakes and other automotive products, high value, should be promising

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