The growth pace of auto parts export will continue to decline
Despite the sluggish world economy in 2016, export enterprises improved their product quality and strengthened marketing efforts; meanwhile, overseas M&A activities still continued, slowing down the decline of export volumes of China’s auto parts over last year. In 2017, the situation of world economic development remains diverse. Therefore, the export quantity and volume of vehicle engines is expected to remain flat compared with last year, of which that of diesel engines is likely to drop, tyre export remained alarming while the export of auto parts will fall further, or is likely to remain flat, which would be the most optimistic situation.
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