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Following textiles, home appliances, IT products, and electromechanical products, in the coming years, automobiles and parts and components are expected to become the new driving force for China's exports.
As a high-tech industrial automobile industry, automobiles have long been the world of Europe, the United States and Japan. However, China’s auto manufacturing companies have proved that exporting automobiles to developed countries is not far away.
Statistics show that in the first three quarters of this year, the total value of national auto exports was 20.508 billion U.S. dollars, an increase of 45.37% year-on-year, and the total value of exports exceeded the total import value of 5 billion U.S. dollars. The cars that used to be "short-boards" for export have grown rapidly this year. The number of exports in the first three quarters has increased by 2.5 times year-on-year to 67,300 vehicles.
Since 2005, the Ministry of Commerce has determined that exports of consumer electronics products have been unable to grow faster, and that export growth needs to be stimulated by new industries; while the volume of world automotive products has been ranked in the forefront of world trade, accounting for about the world. 10% of the total trade volume will become the focus of China's exports in the future.
China’s development of self-owned car brands has reached a critical moment. The Ministry of Commerce is actively promoting the export of automobiles and auto parts in China. It also pointed out that the goal of China’s auto industry is to achieve 10% of the world’s total automobile trade in 10 years or so. Is the scale of exports of more than 1,200 billion US dollars.
However, industry experts also pointed out that the pace of China's auto companies going out should not go too fast, if the product quality and after-sales service can not be guaranteed, the impact on China's auto reputation will be great. In addition, domestic companies must pay attention to independent research and development to avoid intellectual property litigation. Foreign non-tariff barriers and trade frictions in automotive products require more attention in the long term. Therefore, instead of pursuing short-term “famousness†and building a solid foundation, it is the current domestic auto companies need to do.