At the "2006 Tianjin International Auto Parts Exhibition", the reporter discovered a unique phenomenon.
Except for Bosch China, Delphi Pike and more than 10 international component manufacturers, most of the local components companies exhibited are large. The appearance of a large number of local parts and components companies can be described as the elite of local parts companies.
Comparing carefully, it can be found that the major parts and components companies participating in this exhibition are very attractive both in booth layout and on-site commentary. The quality level and technical content of the displayed products are also relatively high.
"This shows that China's parts and components companies are growing stronger." An old expert told reporters.
According to relevant sources, with the development of the Chinese auto industry, local auto parts companies have mushroomed rapidly.
The most obvious is that at present, there are a number of excellent local component suppliers in China. They have breakthroughs in R&D and are guaranteed in product quality. They not only firmly grasp the supporting market for self-owned brands, but also quickly hit the market. Into a number of joint ventures supporting the body, the entire Chinese auto market share has steadily increased.
“The growth rate of the auto parts industry has been driven by the increase in the matching demand of domestic OEMs,†said Nan Yang, general manager of the Shanghai International Auto Parts and Components Purchasing Center.
At present, in addition to serving the needs of domestic OEMs and the domestic aftermarket, domestic auto parts manufacturers are also stepping up the pace of exporting to the global market, and have begun to enter the global OEM supporting supply chain by adapting to the international aftermarket.
According to statistics, in 2005, China’s auto parts exports exceeded 10 billion U.S. dollars, and customs statistics on auto parts exports exceeded 1,000, of which local component suppliers have contributed. (Financial Times reporter Jin Manger)
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