In recent months, the export data of parts and components has been unsatisfactory, and the trend of recovery has not been seen in the short term. In particular, the international supporting export markets, whether it is the direct exports of local Chinese suppliers or the internal transactions of multinational companies, have been greatly reduced. According to Chen Wenkai, president of Gasgoo.com, in the short term, the recovery of the export aftermarket must precede the export supporting market; in the medium to long term, this financial crisis gives people a warning in advance, that is, there are unsustainable bottlenecks due to a large number of simple export trade methods. This is because it will be constrained by factors such as the appreciation of the renminbi, non-tariff barriers, and the substantial increase in logistics costs. Therefore, from now on, parts companies should pay more attention to diversified international market strategies.
China's component exports can be classified into international aftermarket and international matching markets. Sales accounted for approximately 60% to 70% of sales, of which domestic Chinese and Hong Kong-Taiwan enterprises accounted for 80% to 90%; while in the international matching market, the proportion of local and Hong Kong-Taiwan enterprises was less than half, and internal transactions of transnational corporations accounted for a considerable amount. proportion. According to the data of major international exporters of major parts and components such as Germany, Japan, and the United States, the proportion of exporting international matching markets is as high as 70%. More importantly, exporting aftermarkets and foreign companies supporting international supporting markets have considerable exports. The instability is greatly affected by changes in the exchange rate of RMB or the competition or transfer of international low-cost manufacturing bases. Therefore, from the perspective of the upgrading of parts and components industry (the aftermarket is competitive at low prices and does not have the conditions for upgrading), China’s mid- to long-term goal should be to make adjustments to the export structure of parts and components, that is, to require the export supporting market to account for more than 70 From more than 80% to 80%, of which domestic and Hong Kong-Taiwan enterprises accounted for more than 70% of the proportion.
Chen Wenkai also stated that at present, the structure of international market products we export (often referred to as global procurement) is very unsatisfactory. It is mainly simple parts, and the export of products with higher proportions in labor costs, raw material costs, and environmental protection costs, because of the technical content Not high, there is no advantage under the exchange rate of RMB. In addition, the customer relationship is not stable, and a considerable proportion of international supporting exports are internal transactions or the purchase of stable customers. For example, German Volkswagen China’s joint venture purchases German-made components or Bosch China purchases German-made components. However, China's export supporting market now relies on buyers from other countries that do not have a close cooperative relationship. The export method is also based on simple export international trade. There is no international manufacturing base, that is, the combination of export trade plus international investment production. Therefore, in the medium to long term, it is necessary to increase the technical content and assembly level of exporting supporting parts and components, and to make breakthroughs in parts and assemblies. Companies may need to try to set up investment or joint venture production bases overseas, and provide direct support for local vehicle companies or Tier 1 suppliers.
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