China's auto parts market reaches 800 billion in 2010


From November 30th to December 2nd, the second Shanghai International Auto Parts and Repair Inspection and Diagnosis Equipment and Service Products Exhibition was held at Shanghai New International Expo Center. Companies from Germany, Italy, Japan, Korea, Singapore, Turkey and other countries and regions will participate in the pavilion. German ZF, Car-O-Liner in Sweden, Corghi in Italy, as well as China Yuanzheng, Joinhands and Hangzhou West Lake will be exhibitors. All arrived at the scene. Exhibitors can be divided into the following four categories according to product categories: auto parts and modifications; auto repair and maintenance; gas stations and car cleaning.

China has now become the world’s second-largest automotive consumer market and the third largest automobile producer in the world. China's auto parts industry has also entered the development stage of express trains. In 2005, there were more than 5,000 auto parts companies in China, and their supporting scale reached 440 billion yuan. According to the forecast of related departments, by 2010, the sales scale of China's auto parts industry will expand to about 800 billion yuan.

With such a favorable background, the auto parts industry will have a lot to do. At present, there are a number of export-oriented enterprises that mainly export parts and components in China. Last year, the total value of China's auto exports reached 19.7 billion U.S. dollars, of which auto parts, accessories, and bodywork accounted for 43% of auto exports, an increase of 51% year-on-year. Due to the decline in vehicle profits and the increase in raw material prices, the overall level of China's parts and components industry has increased and the products have reached international standards. Overseas auto giants have been purchasing parts and components in China. As of the end of last year, at least 70% of the world's top 100 auto parts suppliers were doing business in China.

At the exhibition, Japan's exhibitors and its members have owned or managed more than 300 factories in China. The Japan Automatic Vehicle Parts Industry Association (JAPIA) has set up an intellectual property warning area and further promoted its activities against intellectual property infringement through the exhibition. JAPIA booth will have a series of special displays, including counterfeit parts products, "quality guidance area" and "warning area."


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