According to the latest statistics from the Ministry of Commerce, from January to October 2009, the export of auto parts in China was 13.25 billion yuan, a year-on-year increase of 30%. The confidence of international large companies in the quality of parts in China continues to increase. At the China International Auto Parts Expo recently held, a vice president of an auto group stated that in the next three years, the low-cost countries led by China will become the procurement centers for global buyers, and the international auto giants will surely become more and more Chinese parts manufacturers establish cooperative relationships.

It is understood that in recent years, China's auto parts exports have gradually achieved international recognition, from the early supply of foreign maintenance market, gradually turning into the international well-known auto company's global procurement plans for spare parts. From January to September 2009, the export of auto parts has exceeded that of last year. Autos and auto parts have become the most promising products with the most potential for development in the export of electromechanical products in China.

Some experts predict that the total output value of the Chinese auto parts industry will reach 670 billion yuan this year, and the sales value will reach 650 billion yuan, which is significantly higher than the 403.5 billion yuan in 2006.

Galvanized Wire

Binding Wire is made from high quality low carbon steel Q195 and Q235, through the process of drawing, annealing, acid washing and galvanizing. The wire diameter ranges from 0.5mm to 5.0mm, usually goes in 0.5kg-1000kg per coil.It has a bright surface and a good corrosion resistance, widely used in agriculture, building, construction and wire mesh industries.

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