China Auto Parts
-Auto Parts & Accessories Manufacturers & SuppliersAnalysis of the development of auto parts industry in China
GC-autoparts provide you wheel hubs, brake block, other auto parts, and the analysis and report of the development of the auto parts market.
As the foundation of the automotive industry, auto parts is the also the essential facts to support the sustainable development of the automotive industry. Especially the automotive industry needs a strong auto parts system to support the independent development and innovation. Independent brand of the entire car and the technological innovation require the auto parts to be its foundation, and the innovation of the auto parts generates strong force to the entire car industry. They interact with each other. If there is no independent brand, it will be hard for the research and innovation ability to spurt, while if there is no support of the strong auto parts system, it is also hard for independent brand to continue. |
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 Alloy Wheel Hub |
Safety Belt |
Auto Filters |
Clutch Disc |
Water Pump |
In 2006, all of the manufacturers of the auto parts and the accessories in China realize total cumulative industrial output value at 539,704,996 thousand RMB, which increase 34.35% compared to last year, and realize cumulative production sales revenue 527,234,933 thousand RMB, which increase 34.71% compared to last year.
In 2007, all of the manufacturers of the auto parts and the accessories in China realize total cumulative industrial output value at 683,525,503 thousand RMB, which increase 37.34% compared to the same period last year; and realize cumulative production sales revenue 663,529,269 thousand RMB, which increase 37.45% compared to last year.
In 2008, all of the manufacturers of the auto parts and the accessories in China realize total cumulative industrial output value at 865,835,708 thousand RMB, which increase 25.62% compared to the same period last year; and realize cumulative production sales revenue 837,913,601 thousand RMB, which increase 24.12% compared to last year.Up to the end of November in 2008, the number of the manufacturers of the auto parts and the accessories in China is 8303.
Auto parts manufacturer separate with the entire car enterprise and form a professional auto parts group. What’s more, this is becoming a global trend. Nearly all of the famous international car and auto parts manufacturer establish joint venture or single proprietorship in China. And the joint ventures which import technology are more than 1000. Some internal manufacturers of car and auto parts with high technology, good profit, and large scale are growing up. Now with the international automotive industry adopt “globalized purchase” of auto parts and put forward the localization, there might be large nick for auto part at home. Up to 2010, the domestic products of auto parts in China will reach 7000 billion.
At the present time, although the global economy is gliding, according to the purchase practice for 4-5years, the result of the purchase in China is not that optimistic as most companies precast, and more than 80% companies do not reach their purchase quantity and their goal to decrease the costs. However, with the appreciation of the RMB and the export rebates, the purchase pressure that China faces is becoming bigger. International purchaser had averted their eyes to Vietnam, India, Thailand, Australia, and other countries and areas. From the above we know that the auto parts industry of China will accelerate under the present financial crisis.
