CAPAS 2018 may present products for the changing SW China’s aftermarket
As a leading platform for the automotive industry in Southwest China, the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) continues to align the region’s automotive industry with the country’s development strategies.
The coming edition will be held from May 24 to 26, 2018 at the Chengdu Century City New International Exhibition & Convention Centre, China. The fair is expected to house around 580 exhibitors across 45,000 sqm of exhibition space and welcome 20,000 visitors.
CAPAS is jointly organised by the China Council for the Promotion of International Trade, the Automotive Sub-Council (CCPIT-Auto), Messe Frankfurt (Shanghai) Co Ltd and the China Council for the Promotion of International Trade (CCPIT-Sichuan).
The political and economic influence of the Yangtze River economic belt, together with the Maritime Silk Road, plays an important role in China’s National Development Strategy. Benefiting from these geographical and industrial advantages are key automotive cities in the Southwest region, including Chengdu and Chongqing.
This allows their markets to evolve continually and develop, particularly within the automotive industry. According to the Traffic Management Bureau of the Public Security Ministry, Chengdu and Chongqing recorded 4.29 million and 3.5 million car owners in the first half of 2017, the second and third highest in China, respectively. The global drive towards more environment-friendly policies, new energy vehicles, and intelligent manufacturing is gradually filtering into many Chinese markets. Subsequently, manufacturers, distribution channels, and end-users are now facing the challenge of a sustainable transformation, in a bid to compete with the rest of the world.
The upcoming edition of CAPAS 2018 will not only be home to the region’s key players looking to capitalise on its geographical prospects, but also to those driving the change for a greener industry. Shunfeng Li, Vice President of Chengdu Auto Parts Trade Association, said: “Since the government is promoting more environmental protection these days, various service centres, repair shops, tyre shops and logistic companies in the Sichuan region are undergoing significant reform. We expect to see higher quality products, thanks to the improvement in manufacturing and distribution channels.”
New products to emerge
In line with the Planning for the Development of the Energy-Saving and New Energy Automobile Industry (2012 – 2020), the average annual fuel consumption for passenger vehicles in China will reportedly decline to just 5 litres per 100 kilometres by 2020. In response to this, the quality of motor oil will also have to increase tremendously. Many renowned lubricant oil suppliers see great potential in developing the market in the Southwest region.
One such supplier is Liqui Moly, that will be exhibiting at CAPAS 2018. Suhuai Gao, Marketing Planning Manager of Du-hope International Group, the exclusive agent of Liqui Moly in China, said: “The Southwest region in China is still at a developing stage in the eyes of high-end brands. We have always been pursuing high quality and performance in all our products, including our motor oil series that can save fuel and reduce pollution.”
Meanwhile, Shandong Yihe Lubricant Oil Co Ltd will make its debut at CAPAS 2018. Ms Huili Wang, Marketing Manager of the company, said: “Our products have received various awards such as China’s High-Quality Brand-Name Products, and China’s Green Environmental Protection and Energy Saving Products. We will bring a newly-developed series of lubricant oils to the fair this year.”
Haibo Chi, Chairman, SDZ Auto Parts Co Ltd, which specialises in a wide range of products, including fuel, oil coolers and electrical systems, said: “At the 2018 show, we will launch our thermostat assembly catering specifically to the Southwest market, which meets Euro 5 emission standards. For us, CAPAS is a comprehensive platform for industry stakeholders to step into this potential market, and we expect to increase our reputation in the Southwest region by exhibiting at the fair.”