Total import amounts of Auto Parts reach USD 2.89b in March

Data shows that total import amounts of auto parts reach USD 2.89b in March, 2017, increasing 16.34% year-to-year.

Although Chinese auto part industry achieves a large growth in product developments and technological innovations after many years of self-independent developments and accumulative experience, domestic auto part companies are still weak in strengths compared with foreign mature companies.

In the future, Chinese auto part market will transform from simple imitation into innovation, self-design and developments. Domestic auto part companies with high scientific and technological contents, good benefits and large scale will grow up to design qualified auto parts.