China's auto parts industry has become a new hot spot for foreign investment


Relevant data show that since the beginning of this year, the automobile parts and accessories industry has become a new hot spot for foreign investment in the Suzhou High-tech Zone, and several companies such as Feideli Filter, Timken, and Japan Sekisui Film Co., Ltd. have established and put into operation. The Mando Chassis (Suzhou) Co., Ltd. announced a further capital increase of US$50 million not long ago and plans to build the largest production base in South Korea. Auto parts and components in Suzhou High-tech Zone have been regarded as the "fifth leading industry" following the four leading industries of electronic information, precision machinery, biomedicine and fine chemicals.

Suzhou Hi-tech Zone currently has more than 40 automotive and component manufacturing companies, accounting for over 43% of the city. There are more than a dozen wholly-owned enterprises in the United States, Japan, South Korea, the Netherlands, Taiwan, Hong Kong and other countries and regions. The products include chassis and bearings. , exhaust filter devices, and car speakers, parking sensors, fuel injectors, wiring harnesses and automotive air-conditioning systems, etc., is expected to reach sales of 3 billion yuan this year.

The most notable feature of the Suzhou Auto & Parts Manufacturing Company is its high technical content and many of its products are among the world's leading players. For example, honeycomb ceramics produced by Japan's NGK Co., Ltd. account for 40% of the world's market share, and currently produce 500,000 in China every year. The intermediate film produced by Sekisui Intermediate Film (Suzhou) Co., Ltd. is used for laminated glass for automobile safety, and only 3 of them are produced in the world, with the largest production volume of water. The clutch discs produced by Rebswear Friction Products (Suzhou) Co., Ltd. in China are Shanghai Volkswagen. FAW, Dongfeng, CNHTC and other supporting facilities are exported to more than 30 countries and regions. The sales revenue in 2004 will reach 120 million yuan; HuiChuang Electronic Technology (Suzhou) Co., Ltd. reversing radar, central control door locks, automatic sensors, etc. For Changan Ford Mondeo, Tianjin Toyota Vios, Corolla, FAW Mazda and other cars.

The rapid development of China's economy and the general increase in income of urban and rural residents have made China enter the "car era." In 2004, the national car sales are expected to exceed 5 million, and the three major auto industry clusters have been formed: the “Bohai Rim”, “Yangtze River” and “South”. Suzhou is located in the center of the “Yangtze River” automotive industry cluster with obvious advantages. At the same time, as the basic industry for the development of auto and parts companies, IT electronics and precision machinery are the pillar industries of Suzhou High-tech Zone, which undoubtedly provides a vast space for the future development of high-tech auto parts companies.

In addition, the obvious policy advantages, living supporting advantages, and government service advantages of the Suzhou High-tech Zone are also important reasons for the growing number of auto parts companies. According to Jin Guangyi, general manager of Wandu Chassis (Suzhou) Co., Gaoxin District government officials are enthusiastic and sincere to foreign businessmen, residents are also very friendly and kind; transportation is convenient, and traditional culture and modern civilization are combined perfectly. The main thing is that the human resources here are abundant and it is easy to find high-quality talents that the company needs. Therefore, investment in hi-tech zones is the first choice.

Faced with the phenomenon that the auto-equipment companies in the region are beginning to show agglomeration, the Suzhou High-tech Zone has taken the lead in improving the policies and investment environment. In 2010, the total output value of the automobile and parts industry will reach 15 billion to 18 billion yuan, becoming a new one in the region. Pillar industry. At present, there are special plans for the construction of auto parts industrial parks and International Auto City. Automotive Industry Park focuses on domestic support and exports; Auto City integrates auto parts sales, maintenance, auto show, logistics, etc. Currently, there are general-name Buick, Nissan Nissan, France Peugeot, FAW-Baolai, South Korea Hyundai and other well-known brand agents Sign up here to buy land, showing the good prospects for the development of the automotive industry in the high-tech zones.