Findings Around The Improvement Of China's Auto Parts Industry8868130

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Held by a popular and expert e-commerce platform called Gasgoo, the activity about "the prime 100 on the most competitive automotive portion suppliers in 2010" carried out a extensive evaluation on competition situation of China's auto components industry. This activity was developed to reveal market improvement and alterations in China's auto parts industry, and explore some suppliers who have long-term competitiveness in this relatively complicated industry. Probably the most crucial feature of this activity was that there was an comprehensive involvement of auto parts purchasers. There was a total of greater than three,000 Chinese and foreign hosts too as acquiring and technical experts involved in the choice. And much more than three hundred procurement and technology executives became judges within the final phase. After a detailed investigation, the organizers summarized 5 important findings around the development of this business. Firstly, when when compared with the vehicle, the technical amount of China's auto parts is more close to the international sophisticated level. To some extent, it is as a consequence of the efforts and contributions made by the multinational auto components businesses in China. And compared with multinational automobile businesses, they invest additional in the analysis and improvement. They set up more than one hundred technical centers, established specialized R & D teams, trained technical personnel, and developed the new technologies according to the needs of automobile enterprises. Secondly, within the latest five years, the overall improvement of China's domestic providers is faster than that of multinational enterprises in China. And those domestic auto components firms have greater opportunities for development in the next 5 years. This circumstance is mainly resulted from the following three reasons. One is that the rapid development of China's local brands of vehicles plays a considerably leading role in the components and components enterprises in China. The second is that the global sourcing within the international marketplace has greatly improved the improvement of China's local components enterprises inside the first two years. The third one is that the international automobile organizations start the localization development, and the purchasing system requires more efforts on the improvement on the local parts enterprises. Thirdly, in next five years, this field will gradually accelerates the pace of integration. And enhancing the competitiveness is the crucial element for the survival and development in the component firms. Fourthly, the Chinese government makes the greatest effort to promote the new energy vehicles at a worldwide level, in particular the improvement of electric vehicles. This measure will bring a lot of development opportunities for the automotive electrical and electronic components industries. Fifthly, a large number of traditional Chinese auto parts enterprises need to re-evoke the entrepreneurs' spirit. You can refer to Component and auto components for more information. 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