January 16. China's auto parts industry is also booming in China, the world's largest car production and consumer country. Experts who are attending the 2010 China Auto Parts Industry Investment and Financing Summit Forum in Tianjin said that China's auto parts industry will enter the peak year of investment in 2010.
Yan Jianzhi, Head of the Parts Department of the China Automotive Engineering Society, said that although China's vehicle production has developed rapidly in recent years, the parts and components industry has been lagging behind. Domestic parts and components companies are small in overall size and have weak core competitiveness. This situation is related to the “largest in the worldâ€. The title of "automobile production and consumption country" is not commensurate. Fu Yuwu, executive vice chairman and secretary-general of the Chinese Society of Automotive Engineers, said that the proportion of investment in complete vehicles and parts and components in the world should be around 1:3, while the current situation in China is 1:0.3, which is only 1/1 of the international level. 10. He believes that with the continuous growth of China's vehicle production and sales, it is inevitable that the parts and components industry will become bigger and stronger.
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