According to official statistics, sales of China's auto parts industry rose by nearly 30% between 2004 and 2008. While the demand for auto parts in developed countries is declining, Chinese auto parts suppliers have increased their market share in the industry. The rise of China's auto vehicle market has led to an ever-growing market for domestic suppliers of parts and components and an increase in the size of the economy. It is estimated that by 2010 China’s auto parts production value will reach 700 billion yuan, and in 2015 China’s auto parts industry scale will reach 2.5 trillion yuan. With the continuous development and improvement of the Chinese automobile industry, the Chinese automobile industry has become increasingly powerful in the international market. As an integral part of the automotive industry, the auto parts industry has also achieved rapid development and improvement as the overall position of the vehicle has been improved. In recent years, China's auto parts companies have substantially improved from their predecessors in the past and have greatly improved in terms of technology, scale, and product quality. In 2008, the financial crisis hit the globe, and China's auto parts market was protected from its own advantages. This phenomenon also surprised many foreign auto parts suppliers, and they also had a new perspective on the Chinese auto parts market. They are clearly aware that the strength of China's auto and parts industry has far exceeded them and they can even be said to surpass them. Afterwards, there were many overseas giants in the Chinese auto parts market who settled in the Chinese market. They also repeatedly stated that they had previously neglected the Chinese market and it was a very large loss. Now it is necessary to focus their business on the Chinese market because they are firm. The belief in the potential of China's auto parts market is beyond any doubt. Many multinational auto parts companies have settled in and many companies from “outside†to “inside†have joined the Chinese market. All over the country have also paid more attention to the auto parts industry. It is understood that Shanghai, Beijing, Anhui, and Changchun , Henan and other places are investing in the construction of a large-scale auto parts industrial base, laying a more solid foundation for the development of auto parts industry in the future. As mentioned in the above text, by 2010, the domestic output value of auto parts in China will reach 700 billion yuan. In 2015, the scale of China's auto parts industry can reach 2.5 trillion yuan. The development potential of China's auto parts market has fully emerged, and the goal of achieving the above figures is not empty talk.