China's auto production and sales continue to rank first in the world, and the auto market is booming, which has driven the rapid development of China's auto parts industry. According to the 2018 white paper on China's auto parts industry issued by the new thinking Industry Research Center, from 2012 to now, the output value of China's auto parts manufacturing industry accounts for about 40% of the total output value of the auto industry. In 2017, the sales revenue of China's auto parts industry was 3739.2 billion yuan, up 8.20% year on year. The development speed of China's auto parts market tends to be stable.

  The total number of auto parts enterprises in China is more than 10000, and the number of Enterprises above designated size is less than 6000, among which private enterprises account for a large proportion, accounting for 49.25%. Most of the sales revenue of private auto parts enterprises in China is less than 100 million yuan, which leads to the decentralization of auto parts industry and the lack of market competitiveness. China's automobile market is booming, while the level of automobile parts manufacturing technology is relatively low, which is optimistic about the huge development prospects. Foreign advanced enterprises quickly enter the domestic market layout.

  At present, most of the world-famous auto parts enterprises have entered the domestic market, and the proportion of foreign-funded enterprises in China's auto parts enterprises is 22.20%. The capital and technical strength of foreign-funded enterprises are strong, and the number of enterprises is relatively small, but the market share is relatively large, reaching more than 70%. In the field of auto electronics, engine and other core parts, the market share of foreign capital is more than 90%. The competitiveness of domestic enterprises in the high-end market of auto parts is seriously insufficient.

  The automobile industry is an important pillar industry of the national economy. The automobile parts industry is the premise and foundation to support the sustainable and steady development of the automobile industry. The rapid development of China's automobile market and the entry of foreign advanced enterprises all promote the steady development of China's local automobile parts technology. However, China's auto parts industry is still in the growth stage, and there is a large gap compared with the international advanced technology, and there is still a great room for improvement in the future.

  With the continuous improvement of the industrial chain, China has become an important part of the global automobile industry supply system, and plays an increasingly important role in the global automobile supporting market, becoming one of the most important automobile parts manufacturing and exporting countries in the world. China's auto parts are mainly exported to the United States, Japan, the European Union and other countries and regions, and gradually to Latin America and other emerging markets.

  From 2011 to 2014, the export volume of auto parts in China has been increasing year by year. Affected by the global economic downturn and trade barriers, China's auto parts market showed negative growth in 2015. In 2016, there were signs of recovery. The export volume increased by 4.29% year-on-year, and the cumulative export volume was US $64.573 billion. In 2017, the export volume fell by 1.23% again, and the cumulative export volume was US $63.778 billion. The export of auto parts is greatly affected by the international political and economic environment.

  Industry analysts said that China's auto parts industry started late, compared with the vehicle market, the development speed is slow. The domestic automobile market is booming, attracting many foreign-funded enterprises to enter the layout. Compared with foreign-funded enterprises, domestic enterprises have weak technology and innovation ability, and serious lack of competitiveness in the field of core parts. There is still a huge room for improvement in the future. With the rapid development of the auto market, China's auto parts industry chain has gradually improved, and has become one of the important auto parts producing countries in the world. However, the export market is relatively unstable, so the industry needs to pre control the risks.