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| | |  | | | China brings new opportunities for automotive remanufacturing | | | |
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The remanufacturing industry has been growing tremendously over the past few years. According to the Global Industry Analyst, the global market for remanufactured automotive parts is projected to reach US$139.8 billion by 2020. Asia Pacific is forecasted to emerge as the fastest growing market with a CAGR of 25.2%. China as a major hub in Asia Pacific has attracted the attention of remanufacturers from around the world on this blooming remanufacturing industry.
As remanufacturing is becoming a mainstream in China, Automechanika Shanghai has expanded its exhibition space in Hall 1 for remanufacturing professionals from across the world to meet and network, grow their business and gain knowledge of trends and technical developments.
 Book your stand at the Remanufacturing Zone
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To build efficient, clean, low-carbon, recycling and sustainable green manufacturing systems, China released an implementation plan on green manufacturing projects as part of the country's "Made in China 2025" strategy.
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China has different pilots programme on promoting remanufactured products and supporting the market development of remanufactured products. There are 38 companies which have been approved by National Development and Reform Commission (NDRC) as remanufacturing pilots, subsidising the consumers who return used remanufactured pieces and purchase recycled or remanufactured products.
Learn more
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APRA
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Automotive Parts Remanufacturers
Association (USA) |
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CPRA
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The Remanufacture Committee of China Association of Automobile Manufactures |
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CRRARD
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China National Resources Recycling Association Remanufacture Division |
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| Feedback of remanufacturing exhibitor |
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"Remanufacture and new energy are not only involved in production but are concepts in the aftermarket industry and projects of recycling economy, which are sure to be important parts of the industry development. Automechanika Shanghai is an influential trade fair in Asia that attracts abundant professional visitors. We are quite satisfied with the result, almost all of our booths received high attention. We met many car parts distributors, repairing factories, 4S stores and insurance companies which are our target markets."
Mr Jianjun Xie, Secretary General of CPRA, China
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