2012: The year of the rise of China's auto parts industry

With the support of many policies in China's spare parts industry, an investment boom started in the parts and components industry in 2011. Many SMEs are not to be outdone. However, most of the products are hard to be favored by large-scale mainframe plants, causing confusion and low-level homogeneity. As a result of the competition, a lot of manpower and financial resources have been wasted. At one time, the industry has also called for strengthening the planning and guidance of policies. If 2011 is the opening year for the development of China's spare parts industry, then in 2012, China's spare parts industry will enter a period of rapid development!

Development status of parts and components industry

After the development in 2011, China has become a big country in engineering machinery. With the acquisition of Putzmeister by Sany Heavy Industry, China’s construction machinery industry has become more and more important in global discourse, but core parts and components are still dependent on imports. The situation has been subject to people’s embarrassment! China’s spare parts have always faced independent research and development capabilities. Insufficient, low market share, these issues seriously plagued the healthy development of China's construction machinery industry! In 2012, China's construction machinery in order to achieve greater results, we must work hard in parts and components!

National policy favors development of parts and components industry

According to the information channel of the World Factory Network, on May 12, 2009, the State Council promulgated the Plan for the Adjustment and Revitalization of the Equipment Manufacturing Industry. On October 11, 2010, the Ministry of Industry and Information Technology issued the Implementation Plan for the Revitalization of the Mechanical Basic Component Industry. In 2011, the newly promulgated "Guidance Catalogue for Industrial Structure Adjustment (2011 Edition)" and the "Twelfth Five-Year Plan for Development of China Construction Machinery Industry" dated July 31, 2011 clearly pointed out the importance of developing components and introduced them. Various kinds of policy support have created a good environment for the development of parts and components industry!

E-commerce guarantees the market share of parts and components

Influenced by the development of parts and components in China, the local market share of parts and components companies is low, and monopoly by foreign companies has been impacted by monopolies! With the constant optimization and development of China's parts and components industry, the quality of parts and components is also increasing, but the traditional sales channels are very high. It is difficult to break the deadlock in the foreign capital monopoly market, thereby limiting the development of China's parts and components! In 2012, the development of China's e-commerce is in a period of rapid development! The development of e-commerce has also brought hope to the development of China's machinery and parts, most of the machinery Parts companies join the free B2B platform to launch e-commerce and defend the market to ensure the stability of the company's market!

The year 2012 is the second year of the “Twelfth Five-Year Plan”. Under the guidance of the Twelfth Five-Year Plan, China’s economy will be in a period of rapid development! This is also true for the parts and components industry, so parts and components cannot continue to be a bottleneck for the development of construction machinery in China! 2012 In years, China's spare parts industry will surely rise!