2017 Russian Mims (Frankfurt) Auto Parts Exhibition

Russia is one of the fastest growing regions in the world's auto industry, and the auto industry is an important part of the Russian economic system. Experts from the Russian Automobile Statistics and Analysis Company estimate that the annual growth rate of the primary market of Russian auto parts is 20% to 25%, and from the current trend of localization of Russian parts and components, at least half of the share is occupied by foreign companies. China has unique advantages in Sino-Russian auto parts trade. First, the competitiveness of China's parts industry continues to improve. In recent years, the competitiveness of the automobile industry has been rapidly improved, and the competitiveness of products has been significantly improved. Second, the competitive advantages of China's auto parts products are currently mainly reflected in the advantages of low cost and low price, while the fast-growing market is mainly in areas with high price sensitivity, and high-quality and low-cost products have attracted a lot of attention to the market. .