The rapid growth of China's automotive industry has led to the development of a significant automotive parts subsector as well. The Chinese auto parts industry is largely focused around the Yangtze River Delta, which accounted for 42% of total production in 2000. Within this region, Shanghai is the largest manufacturing center for auto parts with 25% of total production in 2000. Zhejiang and Jiangsu accounted for 10% and 7% of total production in 2000 respectively.
Following China's accession to the WTO in late 2001, the growth rates accelerated. To fulfil its ambition to become the main base of operations for leading foreign auto companies, China must establish a world-class automotive parts industry.
This market research report addresses issues of interest to investors, presents our main survey and research findings, and analyzes legal and production aspects. It concludes with a look at future developments in this key industry. A directory of useful contacts appears at the end.
