auto accessories

auto accessories With the rapid development, industrialization and specialization, the auto service market is appearing as the biggest attractive sector in China for domestic and international investors. Industry experts claim that China auto service industry will initiate a milestone starting point for its future robust growing. In China, the auto accessories is 37％, manufacturers are 43％, retail is 8％ and service is 12％. Currently, there are about 5,000 large part enterprises in China, whereas 15％ of these enterprises get a monthly profit of 50 million yuan. Part cost takes up over 70％ of the total auto cost; therefore, the development of auto accessory industry directly influences the automotive industry development. At present, foreign invested auto part enterprises have accounted over 500 in China. A market share from transnational part manufacturers has exceeded 20％. China aims to increase exports of automobiles and auto accessories to 70 billion U.S. dollars by the end of 2010.