As China cements its position as the world’s largest auto market, and the average age of vehicles in circulation continues to increase, the auto aftermarket in China is expected to expand dramatically. Currently, the Chinese aftermarket only accounts for 30% of auto industry profits, below norms of 65% established in mature markets, indicating the potential for growth in the coming years.
Following up on the promising market conditions detailed, the 4th China Automobile Aftermarket Summit 2019 will take place on June 20-21 in Shanghai. This event will bring together leaders in the field, drawn from automotive enterprises, insurance companies, parts suppliers, e-commerce platforms, government agencies, non-profit associations and research institutions, to discuss the prospects of the auto aftermarket in China, detailing the effects of new government policies, technological innovation, the e-commerce boom, and other important developments.
Speakers and panelists will give prominent voice to latest market conditions for the auto aftermarket and remanufacturing in China, with detailed testimony on regulations governing import and export for core parts, bonded repair, the impact of the latest automotive sales reform, in addition to analysis of the role of OEMs, dealers, suppliers, insurers, and other service providers in the auto aftermarket.
The 4th China Automobile Aftermarket Summit 2019 will pick up where previous summits left off, continuing organizer Duxes’ decade of engagement with the automotive industry in China. Professionals working in the automotive industry, as well as in related fields, are invited to attend.
For further information, please contact:
Ms. Cindy CUI
Tel.: + 86 21 5258 8005 Ext. 8253