China's auto parts industry will become one of the fastest growing industries

China's auto parts industry will become one of the fastest growing industries


In recent years, the exposure of China's auto parts industry has become more and more frequent, which has not only attracted the attention of more auto industry professionals but also received high attention from the country. At the same time, it also received many policy support from the country. In 2009, as the Chinese auto industry surpassed the United States last year, it became the world's largest auto market. The Chinese auto industry people are excited about this, which not only indicates the achievements of the Chinese auto industry in the past year, but also represents the real growth of the Chinese auto industry.

During the two sessions, the representatives of the two associations proposed that the Chinese automobile industry still has a long way to go from the “auto powerhouse.” However, there is a huge market space for both Chinese autos and the aftermarket in China. Parts and components companies are also poised to gain momentum, and there is a strong momentum of development, which gives people more hope and ambition for the development of the Chinese auto industry.

At the same time, the auto parts industry, which is a key part of the automotive industry chain, is expected to be one of the fastest growing industries in the coming years.

However, China's auto parts industry was once called the "weak link in the weaker industries." The large number, small scale, low concentration, and poor development ability are common problems in the industry. Some experts believe that the gap between China's spare parts equipment and foreign countries is about 15 years. At least 20 years have passed since the application and promotion of high-tech products and the research and development of products.

Faced with the new opportunities of historical development and the severe international challenges, what choices should we make for auto parts manufacturers? Mergers and reorganizations, new energy sources, and the launch of independent brands to the high end are all seen as effective ways for China to become a powerful automobile country. In the same way for auto parts companies, it is more urgent and necessary to achieve greater scale than the entire vehicle. Because if there are no large auto parts companies, the costs will not come and the quality will not go. It is extremely difficult for the whole industry to make in-depth development. Management improvement and informationization are important means to solve problems. Accurately grasping the external market, solving the current business status of the company, and integrating the internal and external supply chains of the company, informatization will become the only way for companies to move toward scientific and refined management. Related Reading:

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