Recently, the "First China-Japan Auto Parts Industry Investment Fair" hosted by China Automotive Dealers Association and hosted by Wanbo Dongfang (Beijing) International Investment Consulting Co., Ltd. was held in Tokyo, Japan.
The conference was strongly supported by the Chinese Embassy in Japan and the Japan Trade Promotion Agency. Experts from China’s auto industry introduced Japanese auto industry development policies and a favorable investment environment to Japanese companies. Representatives of the Chinese and Japanese governments and the business community also spoke in succession. More than 100 representatives of the Chinese and Japanese governments and the business community exchanged views on the cooperation of the seven major sectors including automotive engines, chassis, body parts, electronic components, tires, automotive products, and molds. The Japan-China Science and Technology International Exchange Center and the China Automobile Circulation Association signed a letter of intent for cooperation.
According to Chen Xiaoyu, Secretary-General of the Auto Parts International Cooperation Committee of the China Automobile Dealers Association, the meeting was held in line with the rapid development of China's auto industry and the shift of Japanese auto parts production to overseas. At present, China has formed six major industrial clusters in the northeast, Beijing, Tianjin, Central China, Southwest, Yangtze River Delta, and Pearl River Delta regions. Building an auto parts industrial base and undertaking auto parts production has become a major opportunity and challenge for the development of China's auto industry. Japan, as the world’s second-largest automobile producer, has advanced auto parts manufacturing technology, and most of Japan's well-known automobile manufacturers have vehicle manufacturers in China. This series of favorable objective conditions is that of the automotive industry in Japan and China. The foundation for exchanges and cooperation has been laid.
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