China's auto parts and accessories manufacturing industry has reached an annual output of more than 90 billion yuan, but 90% is still concentrated in the low-end areas.
The China Association of Automobile Manufacturers pointed out in its annual work report for the 2008 Chinese auto parts industry that after 30 years of development, the overall strength of China's auto parts industry has been greatly enhanced, and around the entire vehicle package and international market, it has formed throughout the country. There are six major auto parts clusters in the three provinces of East China, Beijing and Tianjin, the Yangtze River Delta, the Pearl River Delta, Central China, and the southwest, but the pattern of many chaotic, small, and miscellaneous has not yet fundamentally changed.
Gathering various resources within the industry, it is extremely urgent to further improve the professional capabilities of China's spare parts industry. FAW Group and Dongfeng Group built a parts and components industrial base around vehicle enterprises. SAIC Motor worked hard to form a supporting group of parts and components for the vehicle models, and made beneficial explorations for the parts and components companies in China.
It is predicted that the international auto market will likely pick up in the third and fourth quarter of this year, and the international procurement in China will also usher in a peak. While accelerating the construction of export bases, China’s spare parts enterprises should grasp the current adjustment period, focus on the development of the next year to three years, and make major strategic adjustments in R&D, production, and management, and strive to realize products, customers, and The diversification of the market lays a solid foundation for the revitalization of the Chinese automotive industry.
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