Shortage of Japanese parts or opportunities for Chinese companies

At present, China's auto parts and components have begun to fully replace imports, becoming one of the best professional parts manufacturers in the world. Affected by this earthquake in Japan, the orders originally concentrated in Japan may be scattered all over the world. Regions like China and South Korea that have cost advantages and accumulated technical experience will certainly be particularly favored by international buyers.

In this regard, China also has a huge market advantage. In the context of strong local demand, it is economically safe for organizations to purchase and supply global markets in situ. Moreover, the parts themselves can be subdivided to a very professional level. As long as the car manufacturers carefully manage the classification, it is relatively easy to keep some technical secrets. In addition, some resources are already in China. With China’s increasingly stringent export management of resource products and increasing processing capacity, there is a tendency for auto parts to be continuously introduced into China.

Therefore, the direct impact of the earthquake in Japan on China's auto manufacturing is certainly limited, but in the future it may provide a good development opportunity for China's zero-matched enterprises.

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