Recently, the Shandong Provincial Economic and Trade Commission issued the “Opinions on the Development of Auto Parts Industry in Shandong Province from 2003 to 2010â€, among which eight cities including Jinan, Qingdao, Yantai, Weifang, Tai’an, Weihai, Laiwu and Binzhou were listed as auto parts production supplies. And export bases, and strive to achieve 80 billion yuan in 2010 credits.
According to the plan, by 2005, the auto parts industry will achieve a sales income of 40 billion yuan, and the comprehensive matching rate in all provinces will reach 80%. Auto parts will be delivered to the host plant within three days; 8 to 10 companies will be fostered in international competition. The company's key component companies and groups have established 8 to 10 national and provincial key component technology development centers to form component development capabilities that are synchronized with the entire vehicle; the performance of some key auto parts products has reached the level of similar foreign products, satisfying Vehicle safety, environmental protection, and energy saving requirements; key components and key enterprises have passed the international standard quality system certification.