Whether Sino-foreign joint ventures in China's auto parts industry generate revenue

Recent national experts have made a series of industry analysis on the joint venture of auto parts and made criticisms of the issues. Xiaobian believes that in the choice of national strategy, it is necessary to analyze and understand the industry competition and viewpoint from another perspective.

Under the background of globalization, the entire auto parts industry as a competitive player in the market and its role and position in China should be more subdivided and received more attention and research. Some companies in the industry still own Strong representativeness, they called it a joint venture, and established mutual trust and equal cooperation in joint ventures and adhered to the principle of maximizing the interests of joint ventures. They pursued the long-term interests of the company and sought common ground while reserving differences. The cooperation between China and foreign countries has been diluted.

When the wave of localization began in the last century, a group of joint venture parts and components companies began to show their own technical strength, led to the technological upgrading of some auto parts companies, and also grasped a powerful technology center in the enterprise, but also The opportunity to give non-suppliers a chance to form a new supporting system.

In the early days of the joint venture, we passed foreign experience. The foreign-funded enterprises gave all the technical expenditures and training in the early period. This also brought a free training opportunity for the development of China’s auto parts and components. Then, driven by such opportunities, we can continue to forge ahead. Perseverance will surely gain a firm foothold in the market, and after years of verification, it is also true. The joint-venture component companies of these groups are now basically covering the domestic joint-venture vehicle companies in supporting enterprises and have made great contributions to the development of China.

In fact, from an objective point of view, we must not be too conservative to eat old books in the face of past productivity and ignore learning and innovation. The deepening of the joint venture also allows the ability of both parties to continuously change in the future development. In the fierce market competition, auto parts can only find their own position and play more roles.

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