China and U.S. Auto Parts exhibitors form a strategic alliance

Recently, Huang Honglang, chairman of the Detroit International Advanced Manufacturing Technology Exhibition, and Li Rengui, chairman of the China International Auto Parts Expo Organizing Committee, met in Beijing. Both sides share equality, reciprocity, and resource sharing on the basis of the same concept and the same vision. For the purpose of mutual support and win-win cooperation, a strategic alliance has been established.

It is reported that on the basis of the strategic alliance, the two sides will launch a series of all-round cooperation: the Detroit International Advanced Technology Manufacturing Exhibition and its team will organize senior executives and professional buyers of the US automobile industry to visit the China International Auto Parts Fair in Detroit. Purchasing spare parts, holding forums and other related activities; Correspondingly, China International Auto Parts Expo will also organize China's auto parts companies to participate in Detroit.

Huang Honglang said that President Barack Obama positively encourages American automakers to strengthen their efforts to expand export sales. One of the active means to expand export sales is to participate in international professional exhibitions. Therefore, China International Auto Parts Fair will be the best stage for the US auto industry to enter China. He believes that from this year onwards, more and more American automobile manufacturers will be flooded into the China International Auto Parts Expo.

According to Huang Honglang, many auto parts manufacturing plants have closed down since the US auto industry collapsed in 2007; and after the US economy bottomed out in 2009, the demand for OEM auto parts has expanded dramatically. This is precisely the Chinese auto parts industry. Great opportunity for the industry to enter the Detroit market.

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