Parts companies must pay attention to advance decision-making and international market opportunities


At the recent seminar on the development of China's commercial vehicle parts market, Xu Changming, director of the Information Resources Development Department of the National Information Center, said that the opportunity for advance decision-making and international market opportunities is for parts and components companies when talking about market opportunities for commercial vehicle parts suppliers. The focus of attention.

The first is the advanced level of decision-making and ability of component suppliers. Xu Changming believes that China's commercial vehicle market has always been dominated by macroeconomic and policy markets. Therefore, it is imperative that parts and components companies grasp market trends and make advance decisions in the course of market changes. He cited the example of Eaton Corporation, which is famous for producing medium- and heavy-duty automobile transmissions, and paid great attention to the research in the Chinese market. During the process of cooperation with the National Information Center, they began to study the development of medium- and heavy-duty trucks in China as early as a few years ago. trend. At that time, some people questioned that the Chinese market does not require heavy-duty vehicle transmissions at present. What vehicle manufacturers require is not what you supply, but what do you care about? However, Eaton’s related personnel stated that if we wait for an entire vehicle factory to request the transmission with a large-tonnage transmission, our development is too late and we must lay it out in advance. From this we can understand that Eaton’s performance in the domestic market in the past two years is inseparable from their advance decision-making.

This is followed by the opportunities for parts suppliers to grasp the international market competition. In response, Xu Changming stated that at the same time as China's exports of complete vehicle products have grown substantially, the export of parts and components has also grown substantially. The time for large-scale exports in the future is already ripe. Within a decade, China may become the world's automobile and parts and components. Big exporter. Xu Changming believes that the driving force for the formation of strong exports is mainly formed by the following factors: First, China has a large-scale domestic market to rely on. China’s passenger cars and commercial vehicles will soon become a very competitive domestic market. No country in the world’s automotive export countries has not supported its domestic market; a large-capacity market will guarantee low production costs. R&D and market experience are abundant. Second, excess capacity requires Chinese companies to find a way out on the international market. Third, China's low-cost competitive advantage. Fourth, the international operating experience and international talents of Chinese companies have become more mature.

In addition, Xu Changming pointed out that not only is the opportunity for direct exports, but in the past two years, major multinational corporations have increased their procurement efforts in China. Domestic parts and components companies must also attach importance to such opportunities.



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