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Panorama of China's auto parts industry in 2021

Under normal circumstances, auto parts refer to all parts and components except for the car frame, where parts refer to individual components that cannot be disassembled; components refer to a combination of parts that realize a certain action (or: function). With the steady development of China’s economy and the gradual improvement of residents’ consumption levels, the demand for auto parts for new cars has grown.

At the same time, with the continuous increase in the number of motor vehicles in China, the demand for parts and components in the aftermarket such as car repair and car modification has gradually expanded, and the requirements for parts have become higher and higher. China’s auto parts industry has made good development achievements in recent years.

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