• Categories:Industry news
• Author:
• Origin:
• Time of issue:2021-08-30
• Views:0

(Summary description)On January 30, 2012, the catalogue for the guidance of foreign investment industries (revised in 2011) (hereinafter referred to as the new catalogue) issued by the national development and Reform Commission and the Ministry of Commerce before the year was officially implemented. It is reported that a major adjustment of the new catalogue is to change the incentive point from "vehicle manufacturing" to "manufacturing and research and development of key components". At the same time, the restrictions on the share ratio of foreign capital in some fields are cancelled, and the items with share ratio requirements are reduced by 11 compared with the original catalogue.
"From the introduction of vehicle manufacturing to key component manufacturing and R & D, the policy is playing a guiding role in foreign investment. From an industrial perspective, according to the investment steps of foreign investment, China's auto parts industry will have two changes." Li Yuheng, a consultant researcher of CIC, said in an interview with the reporter of China National Economic News: first, the market pattern will change. Once the liberalization of investment in foreign products, the market will continue to expand; Second, China's component manufacturing enterprises will face long-term integration, and industrial integration will promote China's overall competitiveness of the component industry.
As we all know, there are a large number of local auto parts manufacturers in China at present, but most of them are small-scale, lack of innovation ability, relatively backward development means and poor overall level. In terms of high-tech parts, they are still highly dependent on multinational companies. "As China's parts market has certain regional barriers and there are many obstacles to the development of the industry, opening the parts market to foreign capital will lead to re segmentation of market share and guide the industry into a new stage of integration." Tiezhihai, a researcher in the automotive industry at the China circulation Productivity Promotion Center, said.
However, it is worth noting that the mid and late stage market of auto parts will be dominated by joint ventures (similar to vehicle enterprises). Li Yuheng pointed out that foreign capital needs two supports to set up factories in China to occupy the domestic market. Market support and policy support determine that foreign capital needs to resolve the business risks of enterprises through cooperation and localization. "Local auto parts enterprises can not only obtain opportunities for joint venture development, but also find opportunities for independent development in the long-term development."
On the one hand, the vigorous development of foreign capital brings greater challenges, but on the other hand, it also provides new development opportunities for local enterprises. Therefore, tie Zhihai said that China should learn from the lessons of "trading the market for technology" over the years, pay more attention to the digestion and absorption of foreign technologies, improve its own viability while dancing with wolves, and be wary of being eager for quick success and instant benefits and blindly copying, so as to survive and achieve greater development in the competition. "At the same time, in order to achieve development, auto parts enterprises must, like other industries, form a group scale advantage, and cultivating * * enterprises is the only way. It is urgent to speed up structural adjustment and realize resource integration, otherwise they may lose their living space in the competition." He said.
Li Yuheng suggested that local parts enterprises should deal with two situations. On the one hand, enterprises should take mergers and acquisitions and joint ventures as * * measures to prevent the impact of Foreign-funded Industries, so as to ensure the stability of their market share; On the other hand, enterprises should imitate and then develop independently to expand their independent production capacity and improve their competitiveness, so as to ensure the continuous expansion of enterprise scale in the medium and long-term development period.