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Policies to accelerate the integration of auto parts industry

Recently, with the reduction of tariffs on imported vehicles and parts, many multinational auto companies have lowered the prices of imported cars one after another, causing widespread concern in the society. More importantly, the impact of the reduction in tariffs on parts and components relative to the entire vehicle may be more extensive. For a long time, parts and components have been a shortcoming of the Chinese auto industry. The post-car market has also been in a small, scattered, chaotic situation for a long time. However, the industry believes that with the booming development of China's auto industry and boosted by policies, the parts and components industries and the automotive aftermarket are facing new opportunities. It is expected that the scale will exceed RMB 4 trillion in the future, and industry consolidation will accelerate.
Parts industry welcomes new opportunities
As the foundation of the development of the automobile 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.
It is understood that at present, there are more than 100,000 domestic parts and components companies. In the fierce market competition, a number of well-developed and stronger enterprises have emerged, with core technological innovations, supporting market breakthroughs, industrial strategic patterns, and internal corporate Great achievements have been made in reforms and other aspects. While the automobile industry policy innovation continues to advance and the overall industry development begins to transform and upgrade, the auto parts industry and the automotive aftermarket also usher in new opportunities for development.
Su Hui, executive vice chairman of the China Automobile Dealers Association’s tangible market branch, said that the decline in the tax rate of auto parts is actually more important than the decline in vehicle import tariffs. Because the reduction in the tax rate of parts and components is classified, the impact on the price of imported car parts is relatively large. The cost of post-maintenance maintenance of domestic high-end models has remained high, and high parts prices are an important reason. The reduction in the tax rate will bring greater impact and changes to the maintenance service prices of high-end imported vehicles, and will also bring about changes in the overall development of the domestic auto aftermarket.
It is understood that in recent years, with the continuous increase in the number of domestic car ownership, China's auto market has entered a period of rapid development. It is estimated that in the next two years, the total output value will exceed 4 trillion yuan, and there will be more than 13,000 parts and components enterprises above designated size. The products will basically cover nearly 1,500 parts of the automotive industry chain.
In front of such a huge market potential, many multinational auto parts and service companies have expanded their businesses in the country, and many Internet companies have also begun to vigorously enter the automotive aftermarket.
At the 5th Chengdu International Auto Parts and Service Exhibition held recently, nearly 600 companies from Germany, France, South Korea, the United States, Japan, Spain and other countries and China participated in the exhibition. One of the organizers of the exhibition, Zhou Yu, deputy general manager of Frankfurt Messe Shanghai Co., Ltd., said that with the continuous development of the automobile industry and policy promotion, the domestic automotive market has great potential for development. As the most important auto parts exhibition in Southwest China, domestic and foreign auto parts and service companies exhibiting at Chengdu Auto Parts Exhibition have increased year by year. This year, it has increased by more than 12% compared with last year, indicating that the company is very optimistic about the development prospects of China's auto aftermarket.
Enter the new stage of high quality development
As the market scale continues to expand, auto parts and automotive aftermarket have also begun to transform and upgrade, entering a high-quality development stage.
Yu Kai, chairman of the China Automotive Technology and Research Center, said that China's economy has shifted from high-speed growth to high-quality development. As a major automobile production and sales country in China, the automotive industry has entered a new stage of high-quality development. It is of utmost importance to build a new type of zero-sum cooperation relationship. The development potential of the auto parts industry and the post-market is huge.
Liu Shangxi, dean of the Chinese Academy of Fiscal Science, analyzed that after a reduction in automobile import tariffs, from a global perspective, it has a positive effect on the global economic recovery, the promotion of global economic growth and global employment, especially for automobile exporting countries. Produce direct growth and employment effects. By lowering tariffs, competition is further aggravated. China's auto manufacturers, including domestic national brands, will accelerate the pace of transformation and upgrading, and will also promote the supply-side structural reform of the auto industry. For ordinary people, it not only enriches the domestic market supply, but also gives consumers a richer and more affordable consumer experience.
Industry experts stated that the important trends of the automobile industry in the future will provide rare opportunities and expansion advantages for the development of the automobile industry and make up for shortcomings. In the face of the modularization and integration of parts and components, changes in electrification, and technological innovations such as smart manufacturing, countries, localities, and enterprises should clearly define the overall and industrial chain development goals, efficiently integrate resources, and seek differentiated development paths. We will improve the industrial support resources and guide the support system, actively implement the transformation and development of the domestic spare parts industry, and make the auto parts industry better and stronger.
For the future development of auto parts and aftermarket, experts say that on the one hand, they must formulate strategies at the government level, create a good environment for development, and increase the support for key and key enterprises. On the other hand, manufacturing and service companies must also identify their positions, attach importance to innovation, and integrate all aspects of advantageous resources to effectively promote the steady development of China's auto parts industry.
Post-market integration acceleration
In the process of the transformation and upgrading of the auto parts industry and the auto market, and the promotion of high-quality development, the integration of the overall industry is also accelerating.
One of the country’s largest Internet auto service companies, Chen Min, CEO of the company’s car owners, said that there have been scattered, small, and chaotic problems in China’s auto aftermarket. The industry’s overall intelligence is low, service capabilities are severely imbalanced, and information is asymmetric. , The product quality is uneven. In order to meet the market demand, the speed of industry consolidation will continue to accelerate in the future.
In recent years, domestic policies have been frequently introduced to regulate the development of the automotive aftermarket. The future direction of the policy is also to use market-based mechanisms to promote the integration and upgrade of the automotive aftermarket, and to increase the service level of auto aftermarket enterprises to meet the increasingly diverse needs of consumers. With the continuous issuance of policies such as tariffs on imported cars and the opening of shares of joint venture companies, the opening degree of the auto market will continue to increase, which will further accelerate the speed of integration in the automotive aftermarket and make the automotive aftermarket more regulated and transparent. The direction of development.
This kind of market integration has begun to show. Recently, 28 well-known auto aftermarket companies, including Aisin, Bosch, Federal-Mogul, Shell, Conde New, Kumho, and Tohmhoe, have initiated the establishment of an automotive post-market integrity service alliance to promote the construction of genuine series and 15-minute sales. Such as rapid response and other service standards, and plans to train 100,000 high-level technical service technicians in 5 years to enhance post-market service quality.
At the same time, the All-China Federation of Industry and Commerce, the China Automobile Maintenance Industry Association Chain Operation Committee, and many auto parts and aftermarket service companies have jointly promoted the establishment of a one-stop service platform for parts collection and logistics, and authorized direct sales and direct supply of branded parts. The joint maintenance company concentrated on ordering unified procurement to achieve one-stop delivery of goods to the door.
It is understood that one-stop service is focused on supporting the transformation and innovation of maintenance companies, and supporting member companies to use e-commerce open platform for efficient procurement. At the same time, support the maintenance companies to build specialized technical support systems such as injection centers, diagnostic centers, and maintenance technology information sharing centers to improve the enterprise's information operation strength, mobile marketing capabilities and data performance management, and build a knowledge-based, skills-based The innovative, high-quality and professional team of talents, which promotes the transformation and upgrading of the automobile maintenance industry to the modern automobile service industry and continuously improves service quality, is an innovation that promotes high-quality development in the process of the transformation and upgrading of the automotive aftermarket.
Experts said that the next one to two years will be a crucial period for the development of China's auto aftermarket, and the integration of market and policy will be further strengthened. At the same time, the service model will also be further innovated. Based on information technology, the new online and offline service model will become the main direction of the future market.