China's auto parts industry this year will reach 670 billion yuan output value and sales output value will reach 650 billion yuan, substantially exceed 2006's 403.5 billion yuan. The output value of large parts and components industry does not mean that China's rise, but precisely reflect the multinational corporations in order to meet the requirements of China's industrial policy, introduced indirect strategy. It is understood that the U.S. parts business to pay the wages of workers in the United States trade unions for an average 25 U.S. dollars an hour, not including benefits. This Chinese workers and 1.5 U.S. dollars one hour's salary formed a sharp contrast. Even in some less developed countries of Eastern Europe, the hourly labor compensation is more than six U.S. dollars. China's low-cost labor prices is evident.

China's imports of automotive components, mostly high-margin, high value-added key pieces of the vehicle and high-tech electronic products, and parts of China's enterprises, rely on the production of low-margin, low value-added processing of products to maintain Livelihood. These parts and components enterprises, even if access to the procurement of large multinational companies alone, nor is it a good news, because they have mastered the technology pathetic.

It is understood that China's auto parts business R & D investment sales currently account for only 1.4 percent, far below the multinational companies an average of 5%. Even if China is ranked first parts of the Wanxiang Group enterprises, and the world's top 100 auto parts suppliers compared to sales gap is more than 10 times. Therefore, China's auto parts enterprises to seize the advantages of their own low-cost production at the same time, enterprises need to upgrade the technical strength, only advanced technology combined with a low-cost parts production, is China's global automotive components business expansion Market, enabling the invincible weapons.