China's auto parts industry has a promising market


Dong Jianping: China's auto parts industry has a promising market


From the "cost competition" to "quality competition", China's auto parts usher in the transition period. At an industry forum recently held, experts agreed that the auto parts service and after-sales service market will be a long-term and stable huge market.


Dong Jianping, deputy secretary-general of the China Association of Automobile Manufacturers, said that in the first eight months of this year, the cumulative industrial output value of China's auto parts manufacturing industry reached 1.44 trillion yuan, an increase of 15.5% over the same period of last year, which was higher than the industry's 12.6% growth rate. . “In addition to the rapid development of the auto parts industry driven by vehicle manufacturing, the increasing vehicle ownership has also opened up a huge aftermarket for auto parts in China,” said Dong Jianping.


Comments: The optimism of experts may not only be limited to a broad market, but more importantly, the upgrading and transformation of the industry itself. We can compete quality earlier, not just price wars, and we can firmly grasp the domestic market.



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