"The more difficult it is, the more it will advance!" This is even more true for China's parts and components companies. Recognizing the status quo in the industry and seeing opportunities for development are the most important parts for most parts and components companies in the current economic situation. For truly powerful parts and components companies, the “best time” is quietly emerging for the entire parts and components industry.

In terms of various parts and components industries with more Chinese characteristics, the bearing industry can be said to have the best momentum of development in the parts and components industry. 2010 is the last year of the “11th Five-Year Plan” and the three major factors will drive the domestic market of the bearing industry. Development: First, the country will continue to drive domestic demand policies, and the domestic economy will continue to grow. Second, with the development of the national economy and the economic restructuring of enterprises in the bearing industry, all enterprises will further accelerate scientific research, accelerate the pace of technological transformation, and improve quality. The transformation of technologically-effective enterprises will increase the speed of substitution of imports, thus stimulating the development of enterprises. Third, the implementation of the “Restructuring Plan for Rejuvenation of Major Equipment Manufacturing Industry” and the “Regulation of the revitalization of the automobile industry” by the state will surely bring strong driving force to the bearing industry.

The application of LED has also become the darling of people in the industry. In 2010, China's LED industry has made great progress and progress. Whether in the government’s policy support for the LED industry or the progress in LED technology, we have left a deep impression on us. In order to save energy and reduce the greenhouse effect, all countries in the world now regard the LED lighting industry as a new generation of green growth industries, with a focus on training. In the automotive sector, LED lights are also in full swing.

Some industry insiders predict that by 2015, China's LED industry will reach 500 billion. Right now, with the financial investment in energy saving and emission reduction in various places, the promotion of LED auto lamps has become a publicly-viewed big cake.

As the New Year’s pace is getting closer, the expectation of sales growth in the auto market in 2011 has become one of the focuses of the automotive industry. The general manager of a number of mainstream car companies combined the good momentum of car sales in recent years, as well as the state's expectation of canceling small-displacement purchase tax subsidies, car-to-country and other auto market incentives, and believes that the sales growth of the Chinese auto market in 2011 is likely to increase. Between 10% and 15%.

At the Guangzhou Auto Show, car manufacturers executives also published predictions on the 2011 automobile market, from Beijing Hyundai, Shanghai Volkswagen, to Jianghuai, Guangzhou Automobile Honda, Dongfeng Honda, and many other auto manufacturers can give answers to the answer given next year The growth rate of the auto market is expected to be basically between 5% and 30%. The good momentum of development of the entire vehicle industry will certainly drive the development of the parts and components industry, and the parts and components industry will surely usher in more favorable next year.

Regardless of which industry of auto parts has its potential for development, as long as it is discovered and utilized, each stage is the best era for the development of the parts and components industry. It is believed that 2011 will be the best time for the parts industry to move forward.