Auto parts industry welcomes the golden period

According to relevant data, in 2013, the production and sales of automobiles were 22,116,800 and 21,489,100 vehicles respectively; in the first quarter of 2014, the total revenue of 20 auto parts and components companies listed in China reached 73.67 billion yuan, a year-on-year increase of 13.7%. In the face of this remarkable achievement, various localities also took the opportunity to launch a series of new projects, the Nuggets auto parts industry. It can be said that in 2014, China's auto parts industry has a bright future.

Around the Nuggets auto parts industry, Qingdao has built an export base for parts and components, and has attracted 24 billion yuan. The Qingdao Motor Industry New City was recently designated as the provincial auto parts export base by the Department of Commerce of Shandong Province. The new city is located in the northeast of Jimo City. Up to now, 65 key projects involving a total investment of 24 billion yuan have been successfully introduced. Thirty-five projects including Qingdao auto parts have been completed and put into production, with a total investment of 11 billion yuan. The automobile industry chain covering a whole range of vehicles, modified vehicles, auto parts, power generation equipment, and logistics has initially been formed. The city has begun to take shape.

Ningbo Accelerates Gathering of Auto Parts to Create Ten Billion Clusters Recently, Chinese auto parts procurement base was established in Ninghai, and China National Automobile Import and Export Corporation and Ninghai Auto Life Plaza signed fixed-point purchase agreements, Agricultural Bank of China Ninghai Branch and Ninghai Auto Life Plaza. Signed a credit memorandum of strategic cooperation of 800 million yuan market cultivation fund. At present, there are more than 200 auto parts manufacturers and merchants from the Yangtze River Delta region intending to enter the square. After the completion of the Ninghai Auto Life Plaza will have a complete automotive industry chain, the total output value will reach 10 billion yuan.

Suizhou plans to build a global e-commerce platform for auto parts as one of the four major production bases for China's special-purpose vehicles. Suizhou has more than 400 automotive products and more than 1,000 parts and components, and the production and sales volume of special-purpose automobiles and parts and components is nearly 20 billion yuan. With the rapid development of e-commerce, Suizhou plans to build a special-purpose e-commerce platform for the world based on its own advantages. This professional e-commerce platform will be launched this year to attract more online buyers and provide more space for the development of auto parts enterprises in Hubei.

The first company in Zhangzhou's 10 billion component industrial base was put into production. The Chinese auto parts (Luzhou) industrial base was signed in May last year. The total investment of the project is 10 billion yuan, and the annual turnover after completion of all operations is about 20 billion yuan. After the base is completed, the city will form a characteristic industrial cluster in which automobile and key components are tested, researched and produced, and the auto and parts market, headquarters economy, and financial services are linked together. At present, the site is undergoing site leveling to achieve water, electricity and road connectivity. On May 6, the first enterprise in the industrial base has also started production.

In addition to the above-mentioned several industrial projects, China's other strong cities in the auto industry have also invested heavily in planning or building a large number of auto parts industry projects, such as the auto parts production project of Changchun Dongfang Tenglong Road & Bridge Co., Ltd., Chongqing Lingyun Auto Parts II. In the project, Panzhihua in Sichuan has built a production base for commercial auto parts and mining machinery parts.

With the continuous increase in car sales and the importance of local governments in the industry, China's auto parts industry will usher in a new peak in 2014. Faced with the continuous expansion of the market, the construction of new projects is unavoidable. However, when planning new automotive parts and components projects, we must be cautious and considerate, do a good job of pre-market research and co-ordination, and avoid blind construction. Repeated construction to achieve healthy and orderly development.