China Auto Parts Industry Development (3)
August 18,2009
Table 6: Total international trade changes of Chinese auto parts industry over the past 8 years
|
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
|
Amount of Auto parts imports (Hundred million yuan) |
45.7 |
80.8 |
97.1 |
101.5 |
133.1 |
152.9 |
162.8 |
|
Amount of Auto parts exports (Hundred million yuan) |
48.4 |
64.2 |
104.6 |
155.6 |
215.5 |
295.0 |
350.5 |
|
Surplus of Auto parts accounted for the Foreign trade surplus (%) |
0.88 |
— |
2.32 |
5.31 |
4.64 |
5.42 |
6.35 |
Note: The competitive advantage of China's trade in auto parts and components is raised from the weak areas to medium areas.(competitive advantage index: TC = net export / import and export volume, 0 ~ 0.3 for the disadvantaged, 0.3 ~ 0.6 for medium, 0.6 ~ 1.0 position); China's auto parts exports accounted for 10 percent of global exports of the above components, and the growth rate is higher than other countries.
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