The automobile component industry in Liuzhou city in South China¡¯s Guangxi Zhuang autonomous region has been working to improve product quality and manufacturing technology since the beginning of this year.
Official statistics from Liuzhou show that the total output of the automobile component industry increased 11.7 percent year-on-year to 81.7 billion yuan ($13.35 billion) between January and July. Liuzhou produced a total of 1.03 million cars in the first seven months of the year, accounting for 8.2 percent of the total car production in China.
The automobile industry is one of the three pillar industries in Liuzhou. With the rapid growth of the automobile industry in Liuzhou, an increasing number of automobile component providers have emerged in the city.
It is reported that Liuzhou has about 400 automobile component suppliers. Nearly 60 percent of the components a passenger vehicle needs can be found in Liuzhou. About 30 percent of the components a truck needs can be purchased locally.
Liuzhou has already set a goal to boost the development of the automobile sector, which is expected to generate more than 48 percent of the total output of the automobile sector by 2015.
Liuzhou Auto Park has recently attracted investment to build a component park covering 910.58 hectares. As many as 18 component suppliers have already decided to settle down in the park.
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