development path
The starting stage was from 1949 to 1956, the initial stage of development was from 1956 to 1978, the stage of reform and opening up was from 1978 to 1985, the stage of localization was from 1985 to 2000, and the period of localization was from 2000 to the present.
scale
The number of auto parts companies included in the statistical category was 4,171. The sales revenue realized in 2004 was 330 billion yuan, which was 25.6% higher than that in 2003, accounting for 30% of the total income of the automotive industry; and the profit was 28.8 billion yuan, 12.6% higher than that in 2003. , accounting for 40% of the total profits of the automotive industry. In 2004, the auto parts import was 7.93 billion yuan, a decrease of 4.5% compared with 2003, and the export was 5.63 billion yuan, an increase of 73.2% compared with 2003.
Competitiveness
The auto parts industry has certain competitive advantages: labor-intensive, material-intensive products, environmentally-damaged products, and products that are not easily transported over long distances. Competitive products that are close to foreign countries: The cost price is comparable to that of foreign countries, and the quality and development ability are weaker than those of foreign countries. The delivery period has obvious advantages. The products with weak competitiveness: domestic high-tech products that are still in the starting stage; general-purpose parts products with large economic volumes, small bicycle usage, and high requirements.
Disadvantage
The companies are generally small-scale, low-risk-tolerance, low-tech products and lacking sustainable development capabilities. The brand awareness of the company is poor and the degree of product standardization is low. In addition, China’s joint-venture vehicle companies have relatively small supporting voices.
opportunity
The rapid development of the domestic auto market, the overall expansion of the capacity of the parts market (including the aftermarket), the acceleration of the globalization of the auto industry, and the reform of the national economic system have created a favorable macro environment for the reform of the system and mechanism of parts and components.
challenge
The price of raw materials for complete vehicle companies is under pressure, the price of raw materials has risen, and profit margins of parts and components companies have continued to shrink; a large number of foreign-funded parts and components companies have entered the domestic market and competition has intensified; the import barriers to spare parts have decreased, and the threat of substitution in traditional markets has become apparent; .
trend
According to the latest research findings of China Automotive Components Industry Development Task Force, China's auto parts industry shows five major development trends: the integration and differentiation of enterprises will occur frequently, profits will also be unevenly distributed among different companies; the industrial structure is gradually Optimization has brought about the trend of continuous integration and optimization among different capital entities and different supporting systems; the policy environment is conducive to the development of the parts and components industry; the cultivation of independent brands has promoted the improvement of core competitiveness; and China may become the world's spare parts manufacturing center.
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