China auto parts industry facing a huge potential development.

According to the anthority report, In the past five years, China auto industry experienced an average of 24.5% rapid growth, so the auto parts industry certainly became an "golden" market. Especially along with the high increase of China auto parts industry in recent years, its status and influence became more and more important in the whole auto industry and the national economy.

The propotion of China auto industry increased from 24.23% in 1998 to above 30% in 2006, China auto industry is undergoing a rapid development. In 2005, the volume condition of the whole reached 35 million units, and this figure will up to 140 million in 2020. Such huge market will afford good opportunity to China parts manufacturers.

Wang Ximing, the president of Ningbo International Automobile Center which responsible for Ningbo International Auto Parts Center told to the jounalist that: the auto parts center will service for the international pruchasement.