Guangzhou 100 billion auto parts market started


Take the Japanese car company

From May 31st to June 2nd, Guangzhou will hold a "reverse exhibition" of auto parts, that is, exhibition companies will exhibit their "products that they wish to purchase locally."

This "Japan-funded Auto Parts and Accessories Purchase Exhibition 2006" was jointly organized by the Guangzhou Municipal Economic and Trade Commission and the Japan Trade Promotion Agency (JETRO). This year is the second session with 346 booths. The scale is three times that of last year and there will be 209 Domestic foreign-funded enterprises exhibited, of which 166 were Japanese-funded enterprises.

Ye Youxin, deputy director of the Guangzhou Municipal Economic and Trade Commission, stated that with the successive launches and expansion of the Guangzhou Toyota Project, the Guanghan Phase II Plant and the Dongfeng Passenger Vehicle Project in the next few years, the launch of the Hyundai Japanese Hino Project is expected to be completed by 2010 in Guangzhou. The output of automobiles will reach 1.3 million, the output value will be nearly 200 billion yuan, and the output value of auto parts will reach 100 billion yuan.

Compared with the rapid development of vehicle production, the development speed of the auto parts industry in Guangzhou and even the Pearl River Delta is relatively slow. Last year, the output value of the Guangzhou automobile manufacturing industry reached 85 billion yuan, and the production value of parts and components was only 9.5 billion yuan (excluding the engine). The ratio of production value of parts and components to finished vehicles was about 0.1:1, while the internationally accepted ratio was 1 to 1.7: 1.

V Tian, ​​head of the representative office of JETRO Guangzhou, stated that with the formation of the Guangzhou Automobile Industry Cluster, many traditional electromechanical and electronics factories in the South China Economic Circle purchased auto parts manufacturing equipment and sent employees to Japan for further training. Parts factory changes. At the same time, the fixed parts supply system of Japanese auto companies is currently in a trend of disintegration. Many Japanese auto companies in Guangzhou want to reduce the cost and hope to purchase high quality and inexpensive auto parts locally. This provided opportunities for Chinese parts and components companies.

Ye Youxin said that currently, among the auto parts produced in Guangzhou, the proportion of functional components with high technical content, such as automotive electronics, is relatively low. Therefore, the auto parts industry in Guangzhou has great room for development.




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