At present, international buyers are becoming increasingly rational and practical in their procurement from China, by selecting and cultivating potential core suppliers; Increase its own logistics integration; Strengthen communication with foreign factories in China to increase their enthusiasm for exports; Diversify procurement destinations and compare them with other emerging markets to determine procurement locations to promote the process of procurement in China.

According to analysis, although international buyers are becoming increasingly cautious about Chinese procurement, exports and internationalization will still be the main theme for local Chinese spare parts manufacturers in the next decade. The main reasons are:

1) Automotive parts is a global industry, and it is inevitable for Chinese suppliers to increase their awareness of international development. Some companies that have already tasted the fruits of international procurement have sent a very positive signal;

2) Chinese spare parts enterprises, especially component suppliers in the supporting market, are facing increasingly fierce competitive environments, and internationalization will be one of the main ways out for differentiation;

3) After years of rapid growth, a considerable number of supporting manufacturers have reached a scale of over 1 billion, possessing certain economic strength for international expansion;

4) Foreign investment/joint ventures will also increase their export efforts, making China a true manufacturing center and forming a virtuous cycle.

The development trend of new technologies for automotive spare parts.

The development of new technologies for automotive spare parts presents the following main trends: the depth of development continues to deepen; The degree of generalization and standardization of spare parts has increased; The level of electronic and intelligent spare parts has been improved; Lightweight vehicles and spare parts have become a future development trend; Clean and environmentally friendly technology has become the pinnacle of future industrial competition.