Is it still time to break out of the production machinery China parts industry?

As we all know, the parts and components industry is the basis for the automotive industry to become bigger and stronger, but after decades of development, the development of China's parts industry can support the rise of the automotive industry? What we see is only the emergence of parts and components companies that have sprung up and the factories around the world are working overtime. Ten years after the accession to the WTO, the parts and components industry strongly felt the breath of economic globalization: China's auto parts and components have entered the international market in large numbers, and multinational companies have adopted a more aggressive expansion strategy in China, and based on the Chinese market, they have radiated to the world. This kind of illusion makes us feel that Chinese manufacturing has gradually entered the world stage. But what exactly is the perspective of China's spare parts in foreign countries? Recently, Gasgoo.com has participated in three consecutive foreign exhibitions (Russia International Automobile and Accessories Exhibition, Paris International Auto Parts and Equipment Exhibition, Las Vegas Auto Parts Exhibition), but the situation is not optimistic.

With the outbreak of the financial crisis, the export business of China's parts and components industry has been greatly impacted. Changes in the international environment have created vicious competition in this "production machine" and foreign trade is difficult to do, but it has to be done. Many parts and components companies have lowered prices and reduced profits, resulting in a vicious cycle. Cheap foreign companies have tasted the sweetness and it is reasonable to compete for plunder.

Therefore, the freezing of three feet a day, the problem of parts and components industry needs the efforts of the government and enterprises. Fortunately, the "Twelfth Five-Year Plan" has made obvious contributions to the support of parts and components companies. The core technology of key components has also become the focus of future development. We hope to see the technology of China's spare parts attracting attention at overseas exhibitions rather than prices!

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