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China Auto Parts Contributes a lot to Auto Industry

On September 4, 2006--Research and Markets has announced the addition of China Auto Part Industry Report (Merger & Reform), 2006.

China's auto part industry has experienced four historical phases but ever since China's entry into WTO, great opportunities and high risks coexist in market competition. China's auto part manufacturers can't help seeking solutions to survive, to expand and to win a good market share against foreign rivals. This report analyses the incentives for merger and reorganization, classifies and argues on various companies and related methods with statistics and cases, aiming at satisfying your demand for information about China's auto part industry.

Together with the development of China's economy, relatively rapid growth has been maintained in China's auto part market in the recent years. Currently, there are about 5,000 large part enterprises in China, whereas 15% of these enterprises get a monthly profit of 50 million yuan. Part cost takes up over 70% of the total auto cost; therefore, the development of auto part industry directly influences the automotive industry development. Only continuously increase in auto part sales revenue certainly can a boom in China's automotive industry be ensured. Auto part, as a sub-branch of automobile industry, contributes a lot to the development of China's auto industry.



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