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Outlook for Chinese Auto Parts
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2011-01-18
by Editorial Dept., Fastener World Inc.
Due to the practice of open policies in China and the changes of consumers’ behaviors, it substantially boosts the sales volume of automobiles, which also directly makes the Chinese auto part market demonstrate its potential competitiveness in the future. However, China is dealing with inflation and exchange rates, so China should pay more attention to the advancement of technologies and enhance the development ability by focusing on the added value if China wants to continue the prosperous auto part market in 2011. Reviewing the Chinese auto part market last year, what will the developing direction of Chinese auto part market be under the “12th Five Year Plan”?
Complete contents will be published in Industrial Components & Auto Parts Magazine (Issue 10).