Parts companies should go out and acquire European and American countries' core technologies

In recent years, due to the opening up of the Chinese auto market, almost all foreign well-known Automobile Parts and components companies, including the Global 500, have entered China with complete vehicle companies, forming an independent and complete zero with the vehicle. The component supporting system makes the Chinese auto market become the most competitive market in the world. Locally-owned auto parts companies are mainly targeted at domestic autonomous automakers. The automaker’s products are at the low-to-medium end of the market, and their use of autonomous auto parts companies is insufficient, and their product technology, quality, and management The improvement of the overall quality does not play a very good role in promoting. Although China's auto parts exports have greatly increased since China’s accession to the WTO, exports in 2010 reached US$36.6 billion, more than 30 times before China’s accession to the WTO. However, they are related to automobile safety, energy conservation and environmental protection in the core areas of automotive technology. The electronic control technology components are still lagging behind. This part of the products and technologies are still largely monopolized by multinational corporations, which seriously restricts the technological upgrading of China's independent enterprises and the products entering the high-end market.

Luo Baihui, secretary-general of the International Mould, Hardware and Plastics Industry Suppliers Association, pointed out that at present, the domestic market lacks a complete, stable and harmonious component supply system, and most key component core technologies are still in the hands of foreign companies. At the same time, China's automobile-related industries have not yet been able to effectively support the development of the auto parts industry, such as automotive basic raw materials (rubber, chemical, etc.), electronic components, high-end mechanical parts and molds, tools, etc. are still mainly dependent on imports There is an uncontrollability in terms of both supply and price protection.

Since the growth of the domestic auto market has slowed down this year, market demand has decreased, and competition has intensified. Foreign-funded enterprises are also developing low-cost products while continuing to expand into the low-end market while maintaining the original high-end product market. At the same time, the Chinese auto market continues to attract foreign auto parts companies, including non-mainstream auto parts companies. The market space for auto parts companies has further narrowed, the competitive pressure has increased further, and the risk of being marginalized has further increased. .

In view of the above various unfavorable factors, Luo Baihui believes that the most effective way to introduce domestic auto parts companies is to acquire small and medium-sized parts and components companies that have certain core technologies in Europe and the United States. These companies not only possess certain core technical capabilities, but also have A considerable number of brands and goodwill, but also has a good upstream and downstream customer relations and marketing network, the need for a certain strength of the Chinese parts and components companies in a global perspective of active international development.

At present, China’s auto parts market is completely open to both domestic and foreign companies. Both domestic and foreign-funded enterprises enjoy the same policy. We hope that the state will formulate more favorable incentive policies for domestic-funded enterprises and support powerful and qualified enterprises to “go out” boldly. ” Investing in foreign auto parts industry entities, the relevant national authorities should further simplify the approval procedures for outbound investments, and organize supporting foreign, legal, financial, and financial institutions to provide assistance and services to SMEs.