Recently, Huang Honglang, Chairman of Detroit International Advanced Manufacturing Technology Exhibition and Li Rengui, Chairman of the Organizing Committee of China International Auto Parts Expo, met in Beijing. The two sides held equal reciprocity and resource sharing on the same concept and vision. The purpose of mutual support, cooperation and mutual benefit has reached a strategic alliance and cooperation. It is reported that on the basis of the strategic alliance, the two sides will launch a series of all-round cooperation: Detroit International Advanced Technology Manufacturing Exhibition and its team will organize the US automotive industry senior executives and professional buyers to visit China International Auto Parts Expo in Detroit. In order to purchase parts and organize forums and other related activities, China International Auto Parts Expo will also organize Chinese auto parts companies to participate in Detroit. Huang Honglang said that US President Barack Obama actively encourages American automakers to strengthen their export promotion, and one of the positive means of expanding export is to participate in international professional exhibitions. Therefore, China International Auto Parts Expo will be the best stage for the US auto industry to enter China. He believes that from this year on, more and more American automakers will enter the China International Auto Parts Expo. According to Huang Honglang, since the recession in the US auto industry in 2007, many parts manufacturing plants have closed down. After the US economy bottomed out in 2009, the demand for OEM auto parts has expanded dramatically. This is China's auto parts. A good time for the industry to enter the Detroit market.
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