The largest automotive market in the world is also a promising sales market for automotive suppliers.
China is not just the largest car manufacturer in the world: with over 217 million vehicles, there are also a gigantic number of vehicles on the country’s roads. The average age of passenger cars in 2017 was 4.5 years old, with corresponding requirements for spare parts and aftermarket service. For automotive suppliers, China is therefore a promising market in which many are active. German suppliers alone operated a total of 320 locations in China in 2017.
But Chinese suppliers are also on the rise. They came fourth in the international turnover rankings in 2018, displacing South Korean manufacturers. Exports of automotive parts in 2017 totalled more than $560 billion, of which more than 40 billion – or more than 7 per cent – was achieved by Chinese companies.
24.8 million passenger cars were produced in China in 2017.
This makes China the largest car producer in the world. In Germany, 5.6 million passenger cars were produced in the same period (Source: GTAI
There are 5.7 e-charging stations per 100 kilometres of road in China
In Germany there are 4.5 charging stations per 100 kilometres, in France 2.3 and in the USA just 0.3 (Source: Roland Berger
Every second VW development expert is involved in researching technologies, products and car designs for China
Functions for automated driving, networking or sensor technology could increasingly be developed directly from China, says VW. (Source: Automobilwoche
China had 130,300 kilometres of motorway in 2017
There were also 214 international and national airports, around 2,200 moorings for ships of 10,000 tonnes or more and the world’s largest high-speed rail network comprising almost 21,800 kilometres (Source: GTAI
In 2018, the six most successful Chinese suppliers were able to increase their sales by 31.5% compared to the previous year
The total turnover of the world’s 100 largest automotive suppliers rose by 7.6 per cent to a record 889 billion euros (Source: Berylls
will celebrate its 15th anniversary from 3-6 December 2019 in this important Chinese port city. Over 6,300 exhibitors from 40 countries are expected at the National Exhibition and Convention Centre. The 50 events and symposia include an international paint and bodywork competition – the Body & Paint World Championships – and the Connected Mobility Conference