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China's auto parts remanufacturing industry has a promising future

Aug 03, 2018

In recent years, China's auto industry has maintained an annual growth rate of more than 10%. According to estimates by authoritative organizations, the number of domestic civilian vehicles will reach 200 million by 2016. With the rapid increase in car ownership and the acceleration of the replacement of cars, a large number of vehicles that have been eliminated provide abundant resources for the auto parts remanufacturing industry.

Recently, two national standards for remanufacturing - "GB/T31208-2014 remanufactured blank quality inspection method" and "GB/T31207-2014 mechanical product remanufacturing quality management requirements" were issued and implemented, which means that China's auto parts remanufacturing has been Enter the stage of standardization development. At the same time, the National Development and Reform Commission and the Ministry of Finance jointly implemented remanufactured products in the country to replace the old ones, and subsidized 10% of the replacement price for remanufactured products such as automobile engines and gearboxes. A series of positive shows that parts remanufacturing will usher in the opportunity of large-scale promotion.

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