Under the attack of foreign-funded parts and components companies, China's parts and components companies are facing a severe development situation. In spite of this, domestic parts and components companies are still looking for a way to break through, and industry elites are unanimously convinced that China’s auto parts companies will still have ample room for development and important development opportunities in the future.
Enterprise share gradually shrinks
Regarding joint ventures or self-owned brand auto companies, nurturing local suppliers and reducing costs are all inevitable considerations. For self-owned brand cars, gradually cultivating China's core suppliers is not only to reduce costs, but also an inevitable strategic choice to get rid of foreign dependence and create truly independent brands. Therefore, Chinese branded parts and components companies will face important development opportunities in the coming years.
At present, with the rapid development of the Chinese auto market and the continuous expansion of the auto industry, the Chinese auto industry has become the largest cake in the world auto industry. However, while the cakes have grown bigger and bigger, the share of Chinese auto parts companies has gradually narrowed, and they are in danger of being marginalized. At this stage, almost all of the core suppliers of auto companies are foreign joint ventures or wholly foreign-owned enterprises. Monopolistic parts companies, China's spare parts companies where the way out, becoming the industry is facing a very serious problem.
In addition, in the supporting, after-sales, and exporting three major markets for parts and components, the supporting market is the core, and entering the supporting system is also the only way for bigger and stronger companies. How to promote the development of China's spare parts enterprises, explore the way to enter the supporting system, and build an important exchange platform for buyers and suppliers in the automotive industry has also become the core theme of this conference.
Call for an effective communication mechanism
Experts believe that in view of the current state of industrial development, relevant departments should further encourage and promote the existing joint ventures and independent brand auto companies to cultivate local suppliers. Currently, there are many joint ventures that have formed a good mechanism for fostering local suppliers. It is worth encouraging private brand cars to pay special attention to and establish this good mechanism. This is for learning advanced foreign technology and improving the product level and management level of China's spare parts enterprises. It is of great value to open up the international market.
As for the question of how Chinese branded parts and components companies should enter into the supporting system as soon as possible, the experts’ representatives unanimously agreed that the vehicle manufacturer’s choice of supporting suppliers in accordance with the law of marketization is its essence, and it is China’s solid design and R&D, product quality, and management level. The fundamentals of the development of auto parts enterprises. At the same time, it should actively communicate with the vehicle companies, intervene early, find their own shortcomings, and strive for more opportunities.
With the increasing competition in the market, vehicle companies and parts and components companies are dependent on each other. Access to the vehicle supplier system is an inevitable choice for parts companies to become bigger and stronger. The supplier that meets the standards and the best price/performance ratio is also an option. The permanent theme of the vehicle company.
To this end, experts have jointly suggested that an important communication platform for vehicle manufacturers and parts suppliers should be gradually established. Apart from their active participation, they will call for more vehicle companies and excellent parts suppliers to participate in the establishment of joint ventures. The efficient communication mechanism, while satisfying the procurement needs of the entire vehicle company, promotes the substantive enhancement of China's spare parts industry and enterprises.
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