On May 29, according to a report by Guangzhou Daily, citing Xinhua News Agency, Lu Xi, Director of the Industrial Coordination Division at the National Development and Reform Commission's Industrial Policy Department, recently emphasized in Guilin, Guangxi that China is set to accelerate the growth of its automotive parts industry. He highlighted the need to build a robust and self-reliant component supply system, which is crucial for supporting the country's broader automotive sector.
Lu Xi also mentioned that the government will encourage leading auto parts companies to scale up production and integrate into global procurement systems. By doing so, these enterprises can actively engage in international competition and expand their presence in overseas markets, thereby increasing their market share globally.
At a recent national industrial restructuring conference, an official from the Industrial Policy Department of the National Development and Reform Commission pointed out that the development of China's auto parts and vehicle manufacturing has not been fully aligned. This misalignment has hindered the overall improvement of vehicle technology. While joint ventures and partnerships have helped bring finished vehicle production closer to international standards, the development of components has lagged behind.
The official noted that the current supporting capacity of component manufacturers remains weak, with low levels of specialization and limited capabilities in independent system integration. As a result, the parts industry is struggling to keep up with the rapid advancements in整车 (finished vehicles), which poses a challenge for the long-term sustainability and competitiveness of China's automotive sector.
To address this, the government is pushing for stronger coordination between vehicle manufacturers and their suppliers, aiming to foster a more balanced and efficient industrial ecosystem. This effort is expected to enhance both the quality and innovation of domestic auto parts, ultimately supporting the growth of a more competitive and self-sufficient automotive industry.
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