Domestic auto parts sector: structural adjustment urged
- Source: CE.cn
- [15:25 January 04 2010]
- Comments
Additionally, the link between complete car manufacturers and such industries, for example, the battery and electric engine industries, shall be strengthened, a close alliance shall be shaped up and cooperation shall be supported in the entire course from product development and commercialization; the formulation work on related standards shall be expedited to avoid blind investment.
After the annual output and sales volume of China's auto industry broke through a critical point of 10 million sets, becoming powerful is the next demand for industrial development. And the development of parts and components industry is significant for China to become an auto power.
The development and progress of parts and components and the development of complete car enterprises are complementary each other. The development of complete car enterprises drives the development of auto parts and components enterprises, at the same time, if the auto parts and components products fall short of demand, the level of complete cars will also be influenced, and it is also impossible that the entire industry can develop well.
Therefore, related insiders point out that, "Powerful self-owned brands of complete cars will not exist without powerful self-owned brands of parts and components." Only China's parts and components enterprises really realize localization and internationalization can the competitive strength of China's auto products be really reinforced in international market.
