It is reported that China auto parts’ sales volume reached CNY 837.9 billion in 2008 and there are more than 22,000 manufacturers in the market, which hire about 2 million employees.
As per report, the main auto parts suppliers contain America, Japan, Germany, China, Korea, Brazil and India while Chinese auto parts export is situated the fourth globally.
It reveals that auto parts production will grow steadily as domestic economy grows and the average output value per person is relatively high.
Source : YIEH.corp