Affected by complex economic environment at home and abroad in the first half of this year China's automobile industry of major economic indicators of growth slowed. Auto parts manufacturing revenues, earnings level is much better than the overall performance of the automotive industry, but auto parts import and export trade as a whole than last year, especially imports.
According to statistics of China Association of Automobile Manufacturers show that in the first half of this year, the country imported a total amount of automobile products 38.828 billion US dollars, down 19.13 percent. The total auto parts imports ended the growth momentum last year, total imports of $ 15.973 billion, down 9.89%.
The total decline in imports of auto parts, a detailed analysis from multiple perspectives. Deputy Secretary General of China Association of Automobile Manufacturers Yesheng Ji said that China's imports of auto parts from the past amount has maintained double-digit growth in the first half of this year to suddenly down, can be found, the domestic auto parts industry imported parts alternative products is increasing, the quality of getting better; but on the other hand, some of the key parts still can not get rid of dependence on imports. In fact, the contribution of domestic joint ventures occupy many parts imports ratio.