China Trade Information

Start Date
24-SEP-09
End Date
26-SEP-09

Venue
City / State
Country

China International Exhibition Center (CIEC)
Beijing
China

Event Profile:
Held at China International Exhibition Center(CIEC), 6 East Beisanhuan Road,Chaoyang District, Beijing, China, the China International Auto Parts Expo(CIAPE) proves to be effective in networking with eminent professionals from both domestic and international automobile sector. The CIEC provides enormous business opportunities for paving into auto industry [...]

SAIC Motors Corp yesterday said it plans to invest 12 billion yuan (US$1.76 billion) in the next three to five years to develop new-energy sedans and auto parts.
The nation’s largest car maker signed an agreement with the Shanghai government, which has pledged to offer favorable policies, product research and testing, human resources and government procurement [...]

Auto parts supplier Georg Fischer Automotive expects a minimum 50 percent higher turnover in China this year and wants to double it by next year.
Josef Edbauer, president of GF Automotive, said the business would remain robust as China’s auto industry continues to grow. Efforts to reduce vehicle weight also helped increase demand for lighter metal [...]

About 40 percent of China’s auto part companies face severe liquidity this year and some may fail in the next 12 months to 18 months without aggressive measures to conserve cash, according to a new study released yesterday.
China’s auto suppliers were both unprepared for, and slow to react to, the dramatic slowdown in vehicle sales [...]

China’s auto parts industry is facing tough challenges as the economic downturn puts the brakes to the country’s automobile sales growth.
This will add to the list of problems the sector already has to deal with, such as industry fragmentation, limited export channels and poor R&D capacities.
Purchase orders received by Chinese auto parts suppliers are decreasing [...]

China’s export of autos, including auto parts and components, jumped 21.6 percent to US$49.73 billion last year, but down 23.71 percentage points compared with the previous year, the China Association of Automobile Manufacturers said yesterday.

Tags: auto-parts, China Auto, exports, imports