The continued implementation of the foreign investment policy and the reform of the investment access system have created convenient conditions for various capitals to enter the Chinese parts( stabilizer link for Kia Spectra) industry. The introduction of foreign capital will speed up the localization process of parts manufacturing and promote the development of parts(stabilizer link for Peugeot 306) technology and the improvement of production capacity. The accelerated implementation of environmental protection, energy conservation and safety regulations will also greatly promote the development of advanced parts(stabilizer link for Mercedes-Benz ML500) and components and accelerate the shortening of the gap between China's auto parts industry and international advanced level.

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