Get a Free Office if You Are In the Carparts Business
Where Do You Live?
In recent years, China’s auto parts industry has made a great progress and some innovative auto parts producers have grown up rapidly, fully demonstrating the vitality of self-brand producers of auto parts. With the fast development of auto parts production base and regional economic development have undoubtedly become the new hot spots in the recent years.
China has around 1,000 auto parts based industrial parks across the country and among them 100 parks are key regional clusters or development zones.This is including Zejiang Province with Ningbo as a Hub.
China Auto Parts Industry Report, 2007-2008 In 2007, China national macro-economy continued to maintain a rapid growth momentum. A ongoing price cut of passenger vehicles and increase of residents’ income stimulated consumption demand to a great extent.Influenced by the factor, the auto industry continued to keep the good growth factor of development recorded in the previous year.
The year of 2007 witnessed a new record high in both production and consumption of auto, with auto production and consumption reaching 8.88 million units and 8.79 million units respectively. Rapid development of China’s auto industry has provided a broad space for auto parts industry.
China’s export of car parts reached CNY14.5 billion US$ in 2007. The quality of China’s auto parts gained more and more confident with International auto giant. Sales revenue of China’s auto parts Producers reached CNY403.5 billion in 2006. It is estimated that the output value of China’s auto parts is expected to reach CNY800 billion in 2010.
The data in this report are the authoritative statistics from the China Association of Automobile Manufactures, the Machinery Industry Association, the China Automotive Technology and Research Center, the General Administration of Customs, the State Information Center, and the National Bureau of Statistics. Data about some key auto parts producers are from their financial reports.
Get your profit from this development. ChinaGateConsult www.chinagateconasult.com is providing you with FREE office space and staffing support. You do not need to register company in China for this benefit. see more details at www.chinagateconasult.com/automall
ChinaGateConsult Office 309, Zhong Shan Commercial Building, 121 Gong Yuan Road, Ningbo, HaiShu District Zhejiang 315010 China
Leave a Reply