According to customs statistics, the export volume of auto parts in Liaoning Province in the first four months of this year was US$157 million, a year-on-year increase of 77.1%.
The export volume of auto parts in Liaoning Province has increased year-on-year for six consecutive months since it turned into a year-on-year growth since November last year. The export trade volume of foreign-invested enterprises was US$122 million, an increase of 96.7%, accounting for 77.7% of the total export volume of automobile parts in Liaoning Province during the same period.
The United States, the European Union and Japan are major trading partners, and their export trade volume is US$62 million, US$39 million and US$23 million, respectively, which is 1.1 times, 39.3% and 1.4 times respectively. The total exports to the above three markets accounted for the same period. Liaoning Province exports 79% of total auto parts. The export of auto parts to Liaoning in Liaoning Province was mainly concentrated in Germany. The export trade volume was US$0.2 billion, an increase of 45.2%, accounting for 51.3% of the export trade volume of Liaoning auto parts to the EU during the same period.
Automobile brakes and parts and body parts are the main commodities for export. The export trade volume is US$56 million and US$48 million, respectively, accounting for 35.7% and 30.6% of the total export volume of automobile parts in Liaoning Province in the same period.
The automobile industry is an important pillar industry of the country. Automobile products are the most dynamic and development potential of China's foreign trade. The export of auto parts in Liaoning has rebounded. In addition to the gradual recovery of demand in the international market, the government's increasing support for the export of automobiles and parts and components is also one of the important reasons. In the 2010 government work report, it is emphasized that it is necessary to speed up the implementation of the “going out†strategy, encourage industries that meet the needs of foreign markets to transfer production capacity overseas in an orderly manner, support qualified enterprises to conduct overseas mergers and acquisitions, and deepen mutually beneficial cooperation in overseas resources. In addition, in recent years, major international auto parts suppliers have shifted their production bases to China in order to alleviate cost pressures. China has gradually become a procurement center for international auto parts. The survey shows that many international auto giants continue to increase their purchases of auto parts to China.
The export volume of auto parts in Liaoning Province has increased year-on-year for six consecutive months since it turned into a year-on-year growth since November last year. The export trade volume of foreign-invested enterprises was US$122 million, an increase of 96.7%, accounting for 77.7% of the total export volume of automobile parts in Liaoning Province during the same period.
The United States, the European Union and Japan are major trading partners, and their export trade volume is US$62 million, US$39 million and US$23 million, respectively, which is 1.1 times, 39.3% and 1.4 times respectively. The total exports to the above three markets accounted for the same period. Liaoning Province exports 79% of total auto parts. The export of auto parts to Liaoning in Liaoning Province was mainly concentrated in Germany. The export trade volume was US$0.2 billion, an increase of 45.2%, accounting for 51.3% of the export trade volume of Liaoning auto parts to the EU during the same period.
Automobile brakes and parts and body parts are the main commodities for export. The export trade volume is US$56 million and US$48 million, respectively, accounting for 35.7% and 30.6% of the total export volume of automobile parts in Liaoning Province in the same period.
The automobile industry is an important pillar industry of the country. Automobile products are the most dynamic and development potential of China's foreign trade. The export of auto parts in Liaoning has rebounded. In addition to the gradual recovery of demand in the international market, the government's increasing support for the export of automobiles and parts and components is also one of the important reasons. In the 2010 government work report, it is emphasized that it is necessary to speed up the implementation of the “going out†strategy, encourage industries that meet the needs of foreign markets to transfer production capacity overseas in an orderly manner, support qualified enterprises to conduct overseas mergers and acquisitions, and deepen mutually beneficial cooperation in overseas resources. In addition, in recent years, major international auto parts suppliers have shifted their production bases to China in order to alleviate cost pressures. China has gradually become a procurement center for international auto parts. The survey shows that many international auto giants continue to increase their purchases of auto parts to China.
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