Driven by the continuous increase in car ownership , the competition in its related auto parts market is also becoming increasingly fierce. Recently, the “Guangzhou International Auto Parts Exhibition and Trade Center†and the “Europe (Holland) Auto Parts Accessories and Trade Center†invested and built by Guangzhou Jiahe Shengde Auto Parts Market Operation Co., Ltd. formally kicked off.
It is understood that the auto parts center covers an area of ​​165,000 square meters, with a total construction area of ​​550,000 square meters. "With the increasing number of car ownership, the automotive aftermarket business will also usher in greater development." An industry analyst said. According to statistics, as of the end of last year, the country’s car ownership amounted to 120 million vehicles. It is expected that China’s automobile industry will maintain a high-speed development trend in the next ten years, and automobile production and sales will still operate at high levels.
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