Components industry needs urgently bigger and stronger technology is the key to development

Components industry needs urgently bigger and stronger technology is the key to development

On December 10th, the 2008 Shanghai International Auto Parts, Maintenance Testing and Diagnostic Equipment and Service Products Exhibition jointly organized by China National Automobile Industry International Cooperation Corporation and Frankfurt Exhibition (Shanghai) Co., Ltd. officially opened. More than 1,900 exhibitors from 23 countries and regions participated. At the press conference, Liu Jingyi, president of China National Automobile Industry International Cooperation Corporation, expressed his opinions on the development of auto parts industry in 2009.

The financial crisis has a limited impact on the auto parts industry. The Chinese market is relatively special.

The global financial crisis has also caused a certain impact on China’s real economy. For the impact of the economic crisis on the domestic auto parts industry, Liu Jinglian believes that because the US subprime mortgage crisis now occurs globally, it has affected the entire real economy. The development of China, but the Chinese market is partially independent, the Chinese market is particularly special. Although the real economy has been hit this year, the impact has been limited. The Chinese market is more special in the two points. First, China's domestic market is relatively large and relatively stable. Second, China's spare parts market has many levels, and the demand and level of consumption are different.

Therefore, the subprime mortgage crisis has not had a great impact on China's parts and components companies. Although the overall automobile sales volume has been declining year by year, the government has already started relevant policies to vigorously develop domestic demand. This year and the first half of next year may be very difficult, but with the introduction of a series of policies in the second half of next year, the overall situation will improve. The magnitude of policy changes is very large. Now that domestic auto insurance is needed, the impact of the financial crisis on the domestic auto parts market is certain, but the entire market will gradually increase as the development continues.

Restructuring and merger have been inevitable, "bigger and stronger," "strong combination" will become the key to the development of parts and components companies

Reporter: Foreign investment in China “staking their encroachment” in the face of the entry of many giants of foreign parts into the Chinese market. What is the future market for China’s own branded parts and components enterprises? How do we view the environment that parts and components companies face in 2009? ?

Liu Jingyao: China's parts and components market is very large and the current situation is relatively good. The appeal to foreign countries in policy is also very large, and the cost of parts and components in China is relatively low compared to the international market, and there is a more demanding market.

This year's top 100 parts and components companies, this year's first place should be Weichai. Their business situation this year: sales are about 40 billion, the growth rate is relatively large, we can see that with the development of the market, auto parts The development is still very strong. However, with the economic crisis and difficulties in the real economy, I personally believe that the next step in the development of enterprises is the problem of product innovation and the issue of independent brands. This is on the one hand; on the other hand, in the process, their With respect to various aspects such as financing capacity and corporate strength, the next step in corporate restructuring will be unavoidable, and there should be great actions in the aspect of “bigger and stronger” companies. The enterprise itself is developing, and the restructuring is also in-depth development. Too small and too independent are not conducive to the development of the enterprise itself. Components companies need to combine strengths and strengths and combine their respective advantages. Take the road of joint restructuring, which will also involve the future development of vehicle companies.

Specialized development in special fields, mastering "core technology" is the way to survive in the future of auto parts companies.

Reporter: Compared with foreign countries, what is the level of our spare parts industry and what are the advantages and development prospects?

Liu Jingyao: China's auto industry started relatively late and is relatively weak compared to foreign companies. We still have a big gap with foreign auto industry, not only in the parts and components industry, but also in the comprehensive technology and design of the whole vehicle. Many aspects. After 30 years of reform and opening up, the Chinese auto industry, including the parts and components industry, should be said to have a very rapid development. The issues of our own brand and independent innovation have all been greatly improved, but we must reach advanced foreign countries. The level of the automotive industry, which also requires a process.

Although we have a big gap with the foreign auto industry, we have a very good market and a strong post-development advantage. Our progress is still relatively fast. We still have great advantages in areas such as hybrids and electric vehicles. This is a very exciting thing. This technology may be subversive. In terms of new energy, some of China's technologies are still very advanced. For the implementation of electric vehicles, similar to the problem of power stations, the problem of electric vehicle cruise mileage can be solved, including the business model of transportation, and there is no problem. In this area, the future development prospects are still very attractive.

Relative to the traditional machinery fields such as the fuel machine, we still have a gap with foreign countries, but in this regard (electric vehicles), we are not bad, even walking in the forefront of the world.

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