Key components made in China attract increasing attention from around the world
Mirror 3 May, 2010
The components exhibition at Auto China 2010 attracts visitors from around the world, which indicates China is attracting global attention in components production.
Because of the increased prices of domestic auto components materials and the costs of labor, the cost of producing auto components in China is rising. In order to lower component procurement costs, foreign auto makers are shifting procurement from China to India.
Roland Berger says China is still very competitive in auto component exports. India's market development will not influence China's auto component industry.
