According to Xinhua News Agency, Nanjing, September 1st, the demand for spare parts for the automotive industry in China is currently estimated to be around 80 billion yuan each year. At least, the three-level circulation of auto parts and components from the primary market to the regional operations to the retailer must be completed at least annually. 214 billion in transaction volume.
Yao Jun, deputy secretary-general of the All-China Federation of Automobile Parts and Accessories, introduced that for every RMB 1 added to a vehicle, it would add 0.65 yuan to its upstream market (raw materials), and bring it to the downstream market (after-sales service). 2.6 yuan in value added.
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