"Because
of China's auto parts market has certain regional barriers, many factors are
hindering the development of the industry, open the auto parts market to
foreign investment will lead to the market re-segmentation, lead the industry
into a new stage of integration.” Commerce Circulation Productivity Promotion Center
auto industry researcher Tie Zhihai said.
It
is understood that there is a large number of own brand automotive parts
manufacturers, but most of them are small-scale, lack of innovation capacity,
development means are relatively backward, poor overall level, in the area of
high-tech components, its dependence for multinationals is high.
It
is worth noting that the post-market auto parts are mainly in joint venture
(analog automobile companies). Foreign investment needs market and policy
support to set up factories to occupy the domestic market, which determines the
foreign-funded enterprises need to cooperation and localization to resolve
business risks. So, Independent brand auto parts enterprises are not only able
to obtain the joint venture development opportunity, it will also be looking to
their own development opportunities in the long-term development.
On
the one hand, the booming foreign capital brings greater challenges, but on the
other hand, it provides a new opportunity for the development of local
enterprises. Therefore, Tie Zhihai said local enterprises should draw on the
over years lessons learned "market for technology", pay more
attention to the digestion and absorption of foreign technology, improve their
viability, beware of instant success, and blindly copying, survive in the
competition and achieve greater development. At the same time, in order to
achieve development, China's auto parts enterprises must form a group of scale
advantages as with other industries, cultivate leading enterprises is the only
way. In addition, accelerate structural adjustment, and integration of
resources without delay, otherwise, it will be possible to lose living space in
the competition.
The
experts said that the independent brand auto parts enterprises should actively
respond to the two cases. On the one hand, made corporate mergers and
acquisitions, joint ventures as the first measure to defense foreign brands
impact, to guarantee the stability of the enterprise market share; On the other
hand, enterprises should actively imitate and thus independent research and
development and to expand its own production capacity, improve the
competitiveness of enterprises, to ensure that expanding scale in the
medium-and long-term development of enterprises.
It
is reported that, issued by the National Development and Reform Commission, the
Ministry of Commerce, “Foreign Investment Industrial Guidance Catalogue (2011
Amendment)" has transform the encourage focus from “Vehicle manufacturing”
to “The key components manufacturing and R & D", what’s more, it
cancelled some fields limit of foreign investment shares, there are 11 entry
less than the original directory.
Experts
said that, from the introduction of the vehicle manufacturing to manufacturing
and research and development of key components, the policy is changed. From an
industry perspective, steps in accordance with the foreign investment, China's
auto parts industry will be have two changes: First, the market structure will
change, once liberalization of investment, foreign products market will
continue to expand; Second, China's auto parts manufacturing enterprises will
face long-term integration, industry consolidation will lead to enhance the
overall competitiveness of China's auto parts industry.
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