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Ningbo Huakai Electronic Technology Co., Ltd.
27
2023
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03
In-depth analysis and development planning consulting suggestions for China's auto parts industry
Since China entered into WTO in 2001, there were only restrictions on the proportion of joint ventures in automobile joint ventures, but no restrictions on the proportion of joint ventures in auto parts joint ventures. The trend of foreign ownership is obvious. What is even more incredible and puzzling is that in 2004, the "Auto Industry Development Policy" issued by the National Development and Reform Commission simply officially canceled the shareholding restrictions on foreign investment in parts and components, and foreign auto parts capitalists can freely joint ventures in China without restrictions Or sole proprietorship, unconditionally hand over China's auto parts industry and huge market to foreign auto parts tycoons.
According to data from the Ministry of Commerce of China, foreign capital controls most of the market share of domestic auto parts sales. In 2012, the sales revenue of domestic self-owned parts and components accounted for only 20%-25% of the entire industry, while auto parts manufacturers with foreign capital background accounted for more than 75% of the industry. Among these foreign component suppliers, sole proprietorships account for 55%, and Sino-foreign joint ventures account for 45%. Independent domestic-funded component companies are basically marginalized, and their market share is shrinking rapidly year by year, and their survival status is not optimistic.
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Ningbo Huakai Electronic Technology Co., Ltd.
Add：No. 75, Jiutang Road, Hangzhou Bay New District, Cixi City, Zhejiang Province, China
Tel：86-0574-63598191
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