Opportunities and challenges of auto parts coexist


2019 China Auto Parts Industry Annual Meeting and Summit Forum was held in Laixi City, Qingdao. At the meeting, experts from the automotive industry and senior executives of the company analyzed the development status and future trends of China's auto parts.

In the past 40 years of reform and opening up, China's automobile industry has achieved remarkable achievements, and new car production and sales have ranked first in the world for 10 consecutive years. Fu Bingfeng, executive vice president and secretary general of the China Automobile Association, said that in the development of China's automobile industry, local auto parts manufacturing has achieved remarkable results in terms of industry scale, technology level and industrial chain synergy.