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China Auto Parts Industry Development (3)

Date:2009-08-18

Table 6: Total international trade changes of Chinese auto parts industry over the past 8 years


Year

2002

2003

2004

2005

2006

2007

2008

Amount of Auto parts imports (Hundred million yuan)

45.7

80.8

97.1

101.5

133.1

152.9

162.8

Amount of Auto parts exports (Hundred million yuan)

48.4

64.2

104.6

155.6

215.5

295.0

350.5

Surplus of Auto parts accounted for the Foreign trade surplus

 (%)

0.88

2.32

5.31

4.64

5.42

6.35

Note: The competitive advantage of China's trade in auto parts and components is raised from the weak areas to medium areas.(competitive advantage index: TC = net export / import and export volume, 0 ~ 0.3 for the disadvantaged, 0.3 ~ 0.6 for medium, 0.6 ~ 1.0 position); China's auto parts exports accounted for 10 percent of global exports of the above components, and the growth rate is higher than other countries.

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