believe that there is concern the current international environment, you will be aware, though now the domestic new coronavirus epidemic has been brought under control, good overall trend, the domestic economy is further recovery. But many foreign countries has become undoubtedly the Eurasian continent hardest hit by the epidemic, which most affected, in addition to China, the number of new coronavirus virus Korea, Iran, Italy, France, Germany, Japan and other countries are increasing.
But we all know, China is the import and export power in the world, According to Deputy Director of General Administration of Customs Zou Zhiwu introduced in 2019, China’s total trade in goods and export 31.54 trillion yuan, an increase of 3.4 percentage than in 2018. Among this, exports 17.23 trillion yuan, an increase of 5 percentage; imported 14.31 trillion yuan, an increase of 1.6 percentage; trade surplus of 2.92 trillion yuan, expanding 25.4 percentage. In such a large import and export value, China is the economic contribution of the various market segments, which will contain the author in which the automotive industry.
According to the Institute for Industrial supplier database shows, 2015–2019 China’s auto exports gradually increase, 2019 1 – China’s auto exports in December was 1.22 million, an increase of 6.1 percentage. Exports amounted to $ 15,217.58 million and an increase of 3.1 percentage; January-December sales of imported car market 838,000, down 1.8 percentage. In December, sales of imported cars 85000, an increase of 2.1 percentage, to reverse the downward trend, the chain increased 14.6 percentage.
It is obvious from the 2019 automobile import and export data, the global market environment and market environment in China of a thousand relations wire Wanlv, although the country has spent the dangerous peak of the outbreak, but the new coronavirus raging in foreign countries will also lead to more downtime into our previous state, economic damage is inevitable. In such a global environment is not optimistic for the Chinese carIn terms of market and what will be the impact?
vehicle imports blocked parts exports backlog
2019 China’s largest auto export market in Latin America, exporting 356,400, an increase of 2.2%; followed by (other than China) Asia, exporting 301,600, while exports fell 19.8% year on year, but the highest exports; followed by Africa exports 153,300, an increase of 13.5%; to achieve a breakthrough on the European market, exporting 122,800, an increase of 79.7%; by the impact of Sino-US trade friction, exports to North America fell 38.2% to 45,000. 2019 China’s total automobile exports was 101.2 million, compared with imports of 838,000 cars in China’s auto imports and exports in good health and good overall development.
as the impact of the epidemic foreign and domestic auto import and export volume will continue to decline, especially for parallel import car market words, based on the implementation of six national emissions impact of last year, due to the large number of parallel imported cars does not meet the national emission standards for six and a decline in sales situations, so for now, the parallel import car industry even worse. Other than some regular imported car brand will also be a considerable blow, such as Lexus, German (Volkswagen, BMW, Audi, etc.) imported cars, the US Department (Cadillac, Lincoln) imported cars, and some need to adopt zero import car parts, are likely to suffer the double whammy of domestic plus foreign epidemic.
and in automobile exports, mainly affected or Chinese brands, especially in recent years, China foreign car brands in a wide layout designed the layout of the global market, pushing up the value of the brand. But as the epidemic rages overseas, the export volume of China’s auto brands will be tremendous pressure, at the same time they need to compete with the joint venture brands in the domestic market after the epidemic can be said for the Chinese brand in 2020 will be a very tough year.
but compared to the import and export of vehicle, the impact of the global spare parts is China’s most important areas. In 2018, the total value of China’s auto parts exports have reached 4 trillion, but the 2019 1–11 May China’s total import spare parts only approaching 2.8 trillion, and China’s auto parts production accounts for more than 50 percentage of the world; a this can be seen, the global epidemic is likely to lead China’s auto parts exports, excess capacity and short commodity backlog problems. But based on the impact of the epidemic at home and abroad, the time difference, after the outbreak abroad may bring a lot of orders for domestic parts suppliers, to further stimulate Chinese exports of parts and components.
imported raw materials hindered
Although China is a parts supply power, However, in production, some raw materials and components also need to rely inlet supply, such as rubber, chemicals, metal products industry, the automotive industry will be the larger part by the impact. However, the recent oil price instability, could stimulate technological development from the side of the domestic industry in the short term, the impact is inevitable, but from a development perspective, this may be the opportunity to increase the domestic components of technology once again. The domestic electronics industry relies on semiconductor materials mainly from Japan, while the epidemic is one of the countries affected by the epidemic is serious impact, as the semiconductor material disruption of imports, the domestic electronics industry will be directly related to the impact, but also by the presence of the United States and other countries manufacture of parts shortages caused by indirect effects.
Although the domestic epidemic has gradually under control, but in the global economic environment, overseas countries affected by the epidemic raging in the domestic market will also result in a corresponding effect, especially for some of China’s export industry, the current will be a rather difficult time. But from another perspective, today’s domestic plant capacity has been gradually restored, wait until after the last outbreak abroad, the huge domestic demand gap will be formed therefromExport industry has brought great business opportunities.
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