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400 billion yuan output value of China's automobile parts supplies growth is expected over the vehicle
 

Ministry of Industry and Information Technology December 1, according to incomplete statistics, China's automotive supplies products value of around more than 400 billion yuan, of which exports accounted for 50%.

    Ministry of Industry said that China's auto parts exports to the overall situation is good, increasing global market share, and auto parts exports to the transfer of high technology content of products was evident. Special attention and prevent future automotive industry experience of foreign anti-dumping investigations.

    Rising share of global

    Automotive products exports this year in good shape, the Customs 8708 class automotive products exports reached $ 9.29 billion, an increase of 21.66%.

    According to the China Association of Automobile Manufacturers data show that in recent years, China's auto parts products in global market share is increasing. Although the experience of the world financial crisis in 2009, a substantial decline in the global export market, China's total auto parts exports have decreased, but the decline is much smaller than the decline in the global market. Therefore, China's auto parts market share in enhancing from 4.93% in 2008 rose to 5.74% in 2010.

    Some of them are auto parts products show strong market competitiveness. Products to the customs statistics code 8708, 2010, China's wheels and parts, brake and friction plates, radiators, shock absorbers and other major global auto parts market share has gradually increased, respectively, 25.22%, 11.84%, 11.94% and 10.02%. Among them, the wheels of the first countries in the worldwide market share, showing a strong market competitiveness.

    In addition, automotive supplies products value of around more than 400 billion yuan, the export volume accounting for 50% of GDP.

    But anti-dumping investigation into China's auto industry exports also face a major problem. Ministry of Industry, said drum products in recent years, repeated U.S. anti-dumping investigations, the automotive industry in recent years has been the situation of anti-dumping product, accounting for a larger global market share of foreign products has been more anti-dumping investigation, special attention and precautions.

    Growth rate will exceed the vehicle parts

    It is noteworthy that China's auto parts exports to high-tech product of the shift significantly, among steering exports grew 37.96%, the highest growth rate; transmission, power drive axle exports up more than 20%. The future, the state will continue to enhance the performance of auto parts, reliability, and life as the main direction, to promote independent innovation to enhance the level of technology components, parts and components exports and import substitution is the face of market opportunities.

    In recent years, the state has introduced policies to promote industrial technology upgrading, the localization of key components. November 25 this year, the Ministry issued a "machine parts, basic manufacturing processes and basic materials industries," second five "development planning", in which the car engine timing chain and automatic transmission Hawa chain, continuously variable tank dedicated CVT chain, engine fasteners, automotive and construction machinery with high-end suspension springs, valve springs and stabilizer bar, high-precision auto powder metallurgy parts, powder metallurgy bearings and other machine parts oil as a development priority, in order to improve performance , reliability and longevity as the main direction, and strive to reach or approach international advanced level.

    Minsheng Securities research shows that some parts of China's enterprises have access to the global vehicle matching system, the export business has become a main income is very important part. Meanwhile, the joint venture vehicle localization state requirements, the parts made for the trend, also makes a few parts have a certain amount of high-tech enterprise R & D capabilities, with the competitiveness of import substitution.

    2012, with the return of parts of raw materials costs, gross margins bottomed out will occur, if the export growth trend continues, people's livelihood securities expected to be higher than the growth rate of auto parts vehicle growth.

The article above is transfered from glow plug, and spark plug



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