World industry, especially the major transfer of manufacturing, China is considered one of the best destinations
The global auto industry is in a big restructuring, and the expanding Chinese auto market has become a favored target for multinational corporations.
The auto parts industry is the foundation of the auto industry. Without a complete auto parts system, there will be no development in the auto industry. People in the industry believe that with the rapid development of China's auto industry, a relatively complete auto parts industry is being formed, and China is expected to develop into an important automobile and parts production base and an international auto parts supply center in the world.
As the world’s largest auto multinational company has entered China, almost all the world’s leading auto parts manufacturers have come to China to invest in factories or establish technical cooperation with domestic parts factories. At present, 1,200 of the 5,000 auto parts companies in the country are foreign-invested enterprises. The purpose of these multinational companies' production in China is not only to occupy the Chinese market, but also to use China as a global production base and supply them to production plants or parts factories around the world. At the same time, domestic private auto parts enterprises have developed rapidly. A group of automotive and component companies with high technological content, good efficiency, and large scale have gradually grown up. The gap between China's automobile and parts industry and the international level has been greatly reduced, and a certain competitive automobile and parts manufacturing system has been initially formed.
Wei Jianguo, vice minister of the Ministry of Commerce and director of the National Electromechanical Products Import and Export Office, recently stated that the development of the Chinese auto industry faces four new “great†situations. First, the world’s industries, especially the manufacturing industry, have been transferred. China is considered the best destination. One is that the global auto industry is undergoing a major restructuring, and the ever-expanding Chinese auto market has become a favored target for multinational corporations. Third, after China's accession to the WTO, major changes have taken place in industrial policies and the development prospects of automobiles, especially cars, are very promising. With the large number of automotive multinational companies entering and the merger and reorganization of China's auto industry, China is now at the forefront of the development of the automotive industry.
People in the industry believe that since the reform and opening up, along with the rapid development of China's economy, the Chinese auto industry has made remarkable achievements and the auto parts industry has also made considerable progress. Through the introduction of technology, continuous innovation, joint ventures and cooperation with multinational companies, and achieved localization, supporting a variety of models. Not only meet the needs of the domestic market, some auto and parts products have entered the international market, laying the foundation for China's auto and parts companies to the world. At the same time, China's auto parts industry already has a certain production capacity and technical capabilities, and has a competitive advantage in the production of some parts and components. Some of these parts and components products have been approved by multinational companies, have greater export potential, and have developed into world production. The trend of the base.
According to expert analysis, automobile manufacturing companies in developed countries such as Europe, the United States and Japan have gradually moved factories overseas, mainly due to lower costs and new markets, most of which see China as their first choice. The production of auto parts is more obvious than the production of complete vehicles, because the core technology of spare parts is more transferable than the whole vehicle.
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