Japan's three major auto parts companies form a scale of investment in China

Since the reform and opening up, Japanese auto parts companies have seen two climaxes in direct investment in China. The first climax appeared in the mid-to-late 1990s. In order to cooperate with Japanese auto manufacturers to expand direct investment in China, Japanese series and independent parts companies have entered China. The second climax began before and after China's accession to the WTO, and is still on the rise. According to statistics, as of April 2005, Japanese auto parts companies have accumulated 298 direct investment projects in China, surpassing Japan’s total number of direct investment projects for auto parts in the United States (288) for the first time, accounting for the external auto parts companies in Japan during the same period. The total number of direct investment cumulative projects (1425) was 2016%.

At present, the direct investment of Japanese auto parts companies in China has formed the investment pattern of China, with Toyota, Honda and Nissan as the leading auto parts companies, with one, two and three contracted enterprises as the mainstay. The basic situation of direct investment in China by the three major auto parts companies and independent parts companies is as follows:

1. Toyota series parts company
The investment area is centered on Tianjin. According to statistics, Toyota series parts companies are currently investing more than 60 pieces in China, of which 22 are in Tianjin (37%). The Toyota Group's core companies such as Denso, Aisin Seiki, Toyota Synthetic and Tokai Rika have established 4 to 6 investment companies or production bases.

2, Honda series parts companies
Two-wheeled vehicles (motorized) first, four-wheeled vehicles (cars) follow-up, Honda has signed a motorcycle technology transfer agreement with Sichuan Jialing Machinery Factory, and established a number of joint ventures such as Guangzhou Wuyang Motorcycle and Tianjin Honda Motorcycle. . Before and after Guangzhou Honda was put into production in 1998, Honda's investment in China shifted from two-wheeled vehicles to four-wheeled vehicles. As of August 2005, Honda's series of parts and components enterprises directly invested more than 30 pieces in China, with the investment area centered on Guangdong Province. . Other investment projects are mainly distributed in Shanghai, Chongqing, Sichuan and other provinces and cities. Amphibious enterprises account for a large proportion. According to incomplete statistics, among Honda's auto parts investment companies in China, amphibious enterprises account for about 30%, especially for many component core enterprises, such as Showa dampers, Honda locks, etc. .

3. Nissan series parts and components enterprises
Compared with Toyota and Honda, Nissan's series of parts and components companies have relatively few investment projects in China, and there are core core enterprises such as Kangnaike and Youxiya. After expanding the scale of investment in China, the investment areas are mainly distributed in South China and East China. Among the more than 20 projects invested by Nissan series parts companies in China, Guangzhou, Shanghai and Jiangsu accounted for 35%, 10% and 30% respectively, while Shaanxi, Sichuan and Henan each accounted for 5%. In addition, Japanese-Japanese joint ventures and Japanese-owned enterprises in Taiwan account for a large proportion. Among the 84-day series of parts and components investment companies in China, the investors are Japan-Taiwan joint ventures and Japan's Taiwan-owned enterprises account for nearly 30%. The main purpose of choosing this kind of investment management method is to make it easy for investment companies to use their original business experience and give play to their advantages in interpersonal communication.

4. Independent component companies
Yazaki is the world's No. 1 manufacturer of automotive wire harnesses and a core player in independent component companies. In order to cope with the investment plan of China's automobile manufacturers such as Toyota, Yasaki's head office established an investment company in Tianjin in the late 1980s. After the mid-1990s, with the expansion of investment in China by Japanese automakers such as Toyota and Honda, independent component companies quickly followed up on investment in China. According to incomplete statistics, at present, independent component companies have invested more than 40 directly in China. The investment region starts from Changchun South to Guangzhou in the north and from Shanghai to Chengdu in the east, covering 15 provinces and cities nationwide. The core large enterprises such as Yazaki General Industry, Gwangyang Seiko and Dibo have established 4 to 5 investment companies respectively.

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