2005 Rapid increase in auto parts exports in Jilin Province
Xinhuanet Jilin Channel January 27th (Reporter Zhang Ying) According to statistics of Changchun Customs, Jilin Province witnessed rapid growth in auto parts exports in 2005, and imports fell sharply.
In 2005, Jilin Province exported 28.94 million US dollars of auto parts and components, which was a year-on-year increase of 64.7%, and was mainly sold to 70 countries and regions such as the United States and South Africa, an increase of 9 over 2004. Contrary to the rapid growth in exports, the import volume has fallen sharply. In 2005, the import of automobile parts in Jilin Province was US$770 million, a drop of 45.8%. The import of auto parts fell to the trough in the past five years.
According to the analysis of relevant persons, as the world's automobile manufacturing industry accelerates its transfer to China, foreign parts and components companies follow the entire vehicle to invest in China to build factories or carry out technical cooperation with domestic parts and components factories, which greatly promotes the construction and development of China's spare parts industry. At the same time, the world's automobile manufacturing industry has increased its procurement efforts in China, established a parts production and procurement network, integrated China into its global business network, supplied products to production plants or parts factories around the world, and exported automobile parts and components for Jilin Province. Bring huge business opportunities. In addition, the automobile parts manufacturing industry in Jilin Province has developed rapidly in recent years, and it has certain technological advantages in the production of parts and components, and has also increased the export potential.
The main reason for the continuous decline in auto parts imports is the explosive growth of the Chinese auto market since 2002. Many foreign models continue to invest in China, which has affected the production and sales of auto manufacturers. As a result, the production volume was reduced in 2005, and the number of auto parts decreased. Import of auto parts. At the same time, since 2004, the prices of raw materials, especially steel products, have skyrocketed and the interest rates for loans have risen, making the cost of home-made automobiles soaring. Automobile manufacturers do not dare to expand their production volume, thereby curbing the import of auto parts.
Although the current localization rate of auto parts has been higher than in the past, for automobile manufacturers, especially car manufacturers, there are still a considerable number of auto parts that are dependent on imports, and the import and export of auto parts is increasing or decreasing. During the period can be seen as a barometer of automobile production and sales. From 2004, the number of imported auto parts in Jilin Province has fallen to the lowest level in the past five years. How auto manufacturers digest inventories and adjust production models has become an important issue for Jilin province to become bigger and stronger auto industry. (Finish)
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