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It is reported that a number of Chinese vehicle and auto parts companies are actively planning to export to overseas markets. This is obviously different from a few months ago. Many companies only said a few months ago that although they pay close attention to overseas markets, they are worried about trade protection barriers. When asked about the change in attitude, a senior tire company said, “The overseas trade protection against China has been a big stick, mostly because it judges China’s non-market economy status. If the United States and other overseas developed countries recognize China’s market economy status, Avoid many trade frictions against Chinese goods. Although the Chinese and American high-level officials recently agreed that they will quickly recognize China's market economy status through a cooperative approach, the US will soon recognize China's market economy. Status. But as long as it is recognized ahead of 2016, Chinese companies can seize more opportunities in overseas markets."
It is understood that in accordance with relevant regulations, in 2016, Chinese export enterprises will automatically obtain market economy status or treatment.
In May, the European Union held the non-market economy status as a giant stick to prevent the export of China's Aluminum Alloy wheels. The top executives of Daika, Wanfeng and Lizhong China's aluminum alloy wheel hubs are still fresh in memory, and the legal profession is unfair. On May 11 this year, the EU blocked the export of China's aluminum alloy wheels on the grounds of China's non-market economy. The European Commission announced the preliminary ruling on the anti-dumping case against Chinese aluminum alloy wheels, did not recognize the market economy status of all sampled enterprises, and decided to levy a 20.6% national unified temporary anti-dumping duty on Chinese aluminum wheel enterprises from May 11.
On the day of the news, Zhejiang Wanfeng Aowei Steam Turbine Co., Ltd. immediately said, “Because of the anti-dumping preliminary ruling results, it is expected that the sales in the EU will drop by about 40% in the whole year. From January to April 2010, the company will realize in the EU. Sales of 73.561 million yuan, originally planned to achieve sales of 308 million yuan in the EU in 2010, the company will make up for the decline of the European market by increasing the supply of the domestic market and the expansion of other international markets such as Japan and the United States."
People in the legal profession said, "There is a lot of unfairness in this preliminary ruling. For example, there is doubt about the substitution data. The EU regards Turkey as a substitute for judging whether China is a market economy, and a Turkish company is suing the Chinese affiliates. If China is recognized as having a market economy status, then the devastating blow of 20.6% of punitive tariffs will be mitigated or even avoided."
Like auto parts, China's vehicle exports are also suffering from "non-market economy treatment." According to data from the China Association of Automobile Manufacturers, from January to April, China's cumulative export of 143,800 vehicles could not be raised to the peak of 2008 exports; and exports are mainly concentrated in Eastern Europe, Africa, Southeast Asia and other places.
The senior executives of Great Wall Motor told the Shanghai Securities News that this aspect stems from the overseas financial crisis. On the other hand, because of the trade protection policies of developed countries and regions, China can only choose to export to developing countries or regions.
Recently, a number of independent brand companies have accelerated their preparations for export issues and are eager to enter developed markets such as Europe. Great Wall Motor has stepped up its efforts to export to countries such as Italy, Germany, France and the United Kingdom. Beiqi Foton has set up a wholly-owned factory in Mexico, hoping to enter the United States and other developed countries and regions; in the future, it will establish wholly-owned factories in India, Brazil, Thailand and Russia.
Dong Hai, deputy general manager of Beiqi Futian, said that according to internal planning, in 2010, Beiqi Foton will expand its overseas parts assembly scale, increasing its partners from 4 to 15 and increasing its sales contribution to over 30%. In the next two years, Beiqi Foton will establish a wholly-owned or joint venture factory with an after-sales service system overseas.
Brilliance Automotive Group also said that it has established a European center in Frankfurt, Germany, and is responsible for the export of Brilliance Auto to Germany in the future. The European center of Brilliance Auto will be responsible for sales and after-sales service. The future export of Brilliance Auto will far exceed the previous one.
Just because of the prospects of China's auto parts companies, Chen Jiwu, general manager of Shanghai Kaishi Investment Management Co., Ltd., is firmly optimistic about China's auto parts industry in a forum of China Europe International Business School.
Chen Jiwu said, "Like other machinery industries, China's auto parts have labor advantages and capital advantages. China's future is certainly the largest automobile consumer and the largest automobile producer. The competitive advantage of China's parts industry is outstanding; Parts and components are more demanding on scale, so it is a matter of course for multinational companies to be produced in the future. As long as we invest in technology, technology and equipment, and do not lag behind the world's advanced level, we will be invincible."
If the United States recognizes China’s market economy status, the automobile industry will benefit
After the news of the China-US Strategic and Economic Dialogue closed and the US’s "quick recognition of China’s market economy status" came out, many Chinese automakers and parts companies said that once they removed the non-market economy status of China, the big stone After that, the trade bar for the export of China's complete vehicles and parts will be greatly reduced, and the future export space of China's complete vehicles and parts will be opened. Visionary private equity firms have begun to focus on the investment potential of auto parts.