Auto parts is one of the automotive service industry, but also the car constitutes the overall unit of the car and services in the automotive products, collectively referred to as auto parts. A component refers to a single component that can not be split; a part refers to a part combination that implements an action (or function). The part can be a part or a combination of multiple parts.
Export situation:
Faced with an increasingly competitive market environment, the world's major auto companies and parts suppliers to focus on their own core business and competitive business at the same time, to further reduce the auto parts self-made rate, instead of the global procurement strategy 2016 China Auto parts exports amounted to 61.9 billion US dollars, down 0.4%
According to the Ministry of Commerce and other departments at the end of 2009 released "on the promotion of China's auto products export sustained and healthy development of the views" by 2015 China's auto and parts export scale average annual growth of about 20%; by 2020 to achieve China's auto and parts export Accounting for 10% of the world's total trade volume of automotive products strategic objectives. Therefore, in the long run, China's auto and parts export there is still much room for growth.
According to the China Automotive Industry Information Network revealed that in May 2016, automobile production and sales 2.0669 million and 209.17 million, an increase of 5.01% and 9.75%; passenger car production and sales of 177.21 million and 1.7930 million, an increase of 5.53% and 11.27% ; Commercial vehicle production and sales 29.28 million and 298,600, an increase of 1.98% and 1.40%. The auto industry's market has not yet reached saturation, and its expansion will bring the auto parts industry to further growth.
Although international buyers are increasingly cautious about China's purchases, exports and internationalization will remain the main theme of China's domestic parts manufacturers over the next decade
