Your location:  Home  >  Bearing News  >  
<<  Back

RMB100 Billion--2010 Target of Guangzhou's Auto Parts Industry

Resource from:  cbcc Likes:2989
Mar 21,2005
According to the report of Economy and Trade Committee in Guangzhou, their local Auto Parts Industry developed dramatically following the Auto Industry's prosperous. In 2004, output value of auto parts industry hit RMB16.3 billion, up 52.3% from 2003. By 2010, the output value of Guangzhou's auto parts industry will hit RMB100 billion and Guangzhou city will become a global supply base for the auto parts. Guangzhou city located in south-China's Guangdong province. It's one of the major sources of economic growth in China. It's said that auto industry has become the major industry of Guangzhou city since the founding of some auto joint ventures. For example, Honda, Toyota and other famous auto manufacturers has formed their joint ventures with China company in Guangzhou. Since 2000, auto output in Guangzhou has increased by the speed of 64% per year and output value hit RMB63 billion. By 2010, the total output of auto in Guangzhou will reach 1.3 million, output value of the whole auto industry will reach RMB30 billion. But the auto parts industry doesn't developed as dramatically as the auto industry. In 2004, the auto parts/auto output ratio in Guangzhou was 0.3/1, which was far away from the international ratio of 1.7/1. So for Guangzhou's auto parts industry, there's still a long way to go!
(cbcc)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous  Schaffler develops energy-efficient bearings

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.