China Auto Parts Industry Scale Over One Trillion

- May 16, 2017-

China has become the world's third largest automobile producer and the second largest automobile consumer market, auto industry into a period of rapid development. Held in 2009 China International Electromechanical Products Fair released a report that the size of China's auto parts market from 2000 to 170 billion yuan in 2009 to 100 billion yuan in 2010 will reach 14 billion yuan, Rapid growth.

The report by the China Electromechanical Products Import and Export Chamber of Commerce and the Expo Organizing Committee jointly wrote the whole chapter of China's auto parts development is divided into three stages, the rise stage, the fluctuation stage and the transition stage. China's auto parts industry is in a transitional stage, some parts manufacturers are expected to become parts industry giants, broad prospects for development, auto parts industry will become the future development potential of the most areas.