China's auto market(cover stabilizer link for Kia Sedona) has the characteristics of “fast development, large capacity, multi-level, easy to enter”. The potential market capacity determines that various capital entities have their own advantages for a long period of time. No matter how powerful a multinational company is, it must start from building a workshop, setting up a sales point, etc., and need to accumulate localized knowledge. Under this new situation, the cost of learning advanced international technology and management knowledge by Chinese auto parts(cover stabilizer link for Mitsubishi Eclipse) companies has been greatly reduced, and there is a significant comparative advantage in localized knowledge.

Shared by Ellen from TaiZhou Dongna Mechanical&Electrical Co Ltd, Factory of auto parts over 10 years.