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BEIJING, Oct 8, 2010 - (ACN Newswire) - Qualitytoyschina.com reports that since China joined the WTO, auto parts industry assets increase year by year, which has now become one of important economic pillar industries, and automobile parts is the entire automotive industry base industry, it has become the key factor that decide automobile industry success or failure.
Although China has become global auto production power country, but the irrational industrial structure, technical level is not high, the independent development ability weak, consumption policy faultiness and so on problems are still prominent, energy, environmental protection and urban transportation, etc. restrains become more and more obviously. With the foreign parts enterprises continue suppression; China's spare parts industry development form is very serious.
At present, China's automobile market in growth period, rural market demand potential is tremendous, automobile industry growth trend will continue to grow. Qualitytoyschina.com reports that in order to actively respond to the financial crisis pressure and new energy industry trend, it must speed up the automobile industry adjustment and boost.
In recent years, China's trade surplus and foreign exchange reserves continued growth. Benefiting from 4 trillion investment plan and this year car and new energy two investment plans, at present, China's macroeconomic will remain steady and fast growth momentum.
Although China's spare parts industry in recent years has made considerable progress, but from the global market, China's parts industry is messy, the industrial concentration is not high, the vast majority of small-scale enterprises has not sufficient fund and also lack of researching and developing capability, it cannot develops advanced product to meet the market demand.
In general, China's part manufacturing technology is still belongs to the low technical level, some new and core technology are still grasped by foreign manufacturers. Such as shock absorber, power steering, airbag, global positioning system and automatic transmission and so on products at the initial stage of development, and even some belongs to the early stage.
Contact:
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Tel: +86-10-65569770
Email: my@qualitytoyschina.com
www.qualitytoyschina.com
Topic: Research and development
Source: Qualitytoyschina.com
Sectors: Daily Finance, Automotive, Daily News
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