The total output value of China's auto parts this year is expected to exceed 1.4 trillion

The relevant person in charge of the Organizing Committee of the China International Auto Parts Expo of the Ministry of Commerce said in an interview with Xinhua News Agency on the 2nd that in 2010, the number of vehicle sales in China will exceed 15 million, and the total output value of parts will reach 1. .4 trillion yuan or more.

The person in charge said that China's auto industry has grown at an average rate of more than 20% in the past five years and has now become the world's largest auto producer and consumer. The development of the automotive industry provides a huge market space for the development of auto parts companies. However, we must also see that behind such a huge market and consumption potential, the overall strength of China's parts and components enterprises is still weak, and the situation of “scatter, chaos and bad” needs to be changed. At the same time, many multinational parts companies such as Bosch, Denso, Delphi, Visteon, and Continental are constantly increasing their pace of expansion in China to seize the Chinese auto parts market.

He said that in the process of China's auto industry from large to strong, in addition to independent brand vehicles need to carry out technological innovation, resource integration, complementary advantages, many parts and components enterprises need to strengthen management, improve the level of core technology research and development, formation The scale effect, in this respect is to meet the needs of OE (automotive manufacturers supporting), but also to win more competition space in the expanding automobile after-sales market.

It is reported that in order to fully display the overall level and development trend of China's auto parts industry, establish a brand image, and promote new markets, new channels and product development at home and abroad, the Ministry of Commerce will be in Beijing China International Exhibition from September 25th to 27th, 2010. The center holds the 4th China International Auto Parts Expo, which is the only national-level auto parts display and trading platform in China. It is expected that more than 50,000 domestic and foreign professional visitors will come to visit and purchase.  

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