27
2023
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03
The pressure of competition has increased sharply. Experts "feel the pulse" of the auto parts market
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.

