China's production and sales of automobiles both broke the five-million unit mark in the first half of 2008. But while the country remains the world's second-largest market for automobiles sales grew at a slower pace due to rising cost of fuel, vehicle purchase tax and inflation, all of which have deterred new car buyers. This scenario has challenged China抯 automotive engineers to improve car design and assembly capability. It has also come as an incentive and sales opportunity for machinery manufacturers and suppliers of vehicle parts.
Complete vehicles: China's exports of complete vehicles recorded a year-on-year growth of 88% in the first quarter of 2008. Exports will exceed 1 million units in 2008 and hit more than 1.2 million units in 2010 -- pushing China into 6th place in the global ranking. China's OEM sector has finally emerged.
Auto components: world automobile companies procured a total of USD 50 billion worth of components in low cost countries before 2007, 70% of which were from China. It is estimated that the Chinese auto GDP will reach USD 103 billion in 2010. A huge potential exists for production of auto components in China.
Publishing Background
In a strategic partnership with Automotive Engineering International, published by the US Society of Automotive Engineers (SAE), Automotive Engineering International China Edition (AEIC) provides 17,345 readers the latest development in automotive systems, up-to-date design concepts and the latest testing technologies for China抯 auto designers, OEMs and Tier 1 suppliers. Besides management and global strategies, our readers can also find practical applications from various industries such as electronics, software and materials, involved in the auto industry. AEIC also facilitates faster communication between buyers and sellers with a comprehensive range of reader services in the magazine, online at www.industrysourcing.com and through our fully interactive e-magazine.
Quality Readers
Published 6x a year in Simplified Chinese, Automotive Engineering International China Edition reaches a qualified readerships of 17,345 designers, production, plant and engineering staff who design, manufacture and assemble automotive components and complete vehicles. The readership covers the whole design, production and, purchasing chain from auto assembly down to the tier 3 suppliers. Each subscription is requested in writing, each reader is qualified by name, job title and industry, and each reader is updated and re-qualified annually by our call center.
Quality Sales Leads from ACCESS
Ringier offers ACCESS, a unique reader inquiry system that helps buyers find suppliers fast. Buyer inquiries are matched by product code, producing real sales leads for advertisers. These quality sales leads are accessible online in a secure password protected archive created for each advertiser. The inquiries are never lost.
