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"China's auto parts industry development research" results first in the country

"Over the past three years, the research on the development of China's auto parts industry based on the results of more than 50,000 auto parts samples was published in Xi'an yesterday (May 30). Gao Hesheng, deputy director of China Automotive Technology and Research Center, said This is the first time that the development status, key issues, and future trends of China's auto parts industry have been systematically explained. In order to support the continuous and healthy development of the auto industry, the parts and components industry has issued quality changes and efficiency changes in accordance with the requirements for high-quality development. As for the charge of the revolutionary charge, 133 companies representing leading companies in the Chinese auto parts industry received awards.
Over the past three years, the research on the development of China's auto parts industry based on the results of more than 50,000 auto parts samples was published in Xi'an yesterday (May 30). Gao Hesheng, deputy director of China Automotive Technology and Research Center, said This is the first time that the development status, key issues, and future trends of China's auto parts industry have been systematically explained. In order to support the continuous and healthy development of the auto industry, the parts and components industry has issued quality changes and efficiency changes in accordance with the requirements for high-quality development. As for the charge of the revolutionary charge, 133 companies representing leading companies in the Chinese auto parts industry received awards.
The Chinese auto industry has shifted from high-speed growth to high-quality development. As the foundation for the development of the auto industry, the parts and components industry has become a solid support for China's autonomous auto industry to become bigger, stronger and better. In the past 60 years, the domestic auto parts industry has grown continuously. Along with the joint venture and cooperation promoted by reform and opening up, and the market dividend brought about by the explosive growth of domestic production and sales, we have achieved exciting development by leaps and bounds. The total output value exceeds 3.8 trillion yuan, and the scale of zero-scale production has steadily increased to 1:1. With more than 13,000 component enterprises above designated size, the products basically cover nearly 1,500 parts of the automotive industry chain.

However, the national auto parts industry still has major problems in its core goals of structural integrity, technological autonomy, and market maturity. At present, the Chinese auto industry is facing the pressure of industrial restructuring and transformation and upgrading. The automobile industry market has entered a period of slower growth, and the auto industry is facing a situation of insufficient international capacity and excess domestic production capacity. Compared with the liberalization of foreign-invested shares and the reduction of import tariffs, competition in the local auto market has been aggravated. China's auto parts industry is still immature, which limits its development under global competition. Moreover, the ""electrical, intelligent, lightweight, and shared"" technology revolution has prompted companies to accelerate their transformation and upgrading.
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