The huge profits era of China's automobile industry will be the end, as the production and sale of the related parts and components industry may be the future's real profits in the automotive industry. Recently, the enterprises who visited the mainland car market with the delegation organized by Hong Kong Productivity Council, generally felt that the greater car inventory, the greater automotive service market taking auto parts supply system to lead; China has become one of the biggest auto market in the world, and with echoes of the rise of the domestic automotive components industry, there will be a series of unlimited business opportunities.

Electronics becomes key industry

Chief Executive of the Hong Kong Productivity Council Yang Guoqiang said that the electronic and intelligent car has become the main development direction of automotive technology. According to auto industry estimates, electronic products account for more than 20 percent of mid-range car costs; in developed countries, high-end luxury cars, electronic products account for more than 50 percent of vehicle cost; the current electronic technology applications has almost been in all the car systems .

According to market research firm predicted that by 2008, global automotive electronics market size, will be over 1,600 billion dollars from over 1,200 billion U.S. dollars in 2004. The China Association of Automobile Manufacturers also predicted that China's auto electronics market, may reach 300 billion Yuan.

Automotive electronics industry's rapid development has aroused global concern, such as car entertainment, navigation information system, electronics products value of car body rose to 5.033 billion Yuan in 2007 from 1.032 billion Yuan in 2003, which will be China's the largest potential development field.

Cut into high-end to shorten he gap

International auto giants and the large number of top autos all research develop and install electronic technology, key technologies of automotive electronics involved in automotive sensor technology, automotive micro-processor technology, software new technology, high-performance mobile information security system and automotive network technology. The current autos have gradually become the high-tech products integrated telecommunications, semiconductor chips and the electronic system as one. Automotive computer platform field is expected to become a new industry with 400 billion U.S. dollars annual output value.

International Automotive Electronics' latest technology is leading five to seven years than Chinese, and in order to protect resources, the automotive industry developed countries do not want to develop all aspects of electronic products, particularly computer network platform; once the application of research and development, global automotive technology is relatively transparent. So, although China falls behind in the traditional car field and influenced by others, we can shorten the gap between each other by the intercept of electronic technology to catch up with international standards,.