In the past 10 years, after the cultivation and development of Chinese parts and components, they have reached a certain scale, possessed certain technical conditions, and are in a stage of development from small to large. The development model is relatively extensive. The products at this stage are characterized by high quality and low price, and strong competitiveness, which is likely to impact the original industry structure.
This model will inevitably become the other party's rhetoric when the developed economies of Europe and the United States and other developed economies are weak. If we want to get rid of this kind of trade friction in the future, China's parts and components industry will need to continue to improve the technical level, strengthen brand awareness, and improve the overall level of the industry. At the same time, we must strengthen our understanding of the laws and regulations of exporting countries and increase the flexibility of foreign trade means.
The United States has given China a spare time in the parts industry, claiming that it will conduct anti-dumping and countervailing investigations on auto parts exported to the United States, including related products such as engines, automotive electronics, and tires. This has also forced the Ministry of Commerce to issue emergency risk warnings to remind auto parts companies to take precautionary measures, and thus has once again ushered in troubled trade between China and the United States.
According to US lawmakers, there are now 50 federal states in the United States, with a total of 1.6 million jobs directly or indirectly from the manufacturing of automotive parts and bearings, such as plain bearings, and 400,000 jobs have been lost since 2000.
However, is the truth really what the US government says? In fact, Chinese parts and components have not caused what the US government calls a trade deficit. A careful analysis will reveal that the root cause of the US government's clamor this time was that the Obama administration used Sino-US trade as a tool for canvassing in the year of the election. Relevant statistics show that in the export of China's parts and components industry, the export volume of joint ventures and wholly-owned parts and components accounts for 30% of the total parts and components exports, and the export value accounts for 70% of the total parts and components exports; the export volume of independent brand enterprises accounts for the total export 70% of the volume, but the export value accounts for 30% of the total exports of parts and components, the vast majority are low-end products. In addition, joint-venture and wholly-owned enterprises' parts and components are mainly exported to the OEM market, and independent brand enterprises are mainly exported to the aftermarket.