First, the rapid growth of China's automobile industry, for the wheel manufacturing industry to bring supporting business opportunities. The wheel market is subdivided into market and retail market. In addition, China is becoming the workshop of the world, and multinational companies are generally optimistic about the potential and advantages of the Chinese market. Therefore, the rapid development of the automobile industry will bring about a sustained prosperity of the wheel manufacturing industry.
Second, wheel manufacturing is a raw material and labor-intensive industry, China has the advantages of sufficient raw materials and human resources. China near Vietnam, Thailand and other world natural rubber producing countries, the southwest region of natural rubber production has also become a scale. Automobile wheel is mainly steel wheel and aluminum wheel, these two wheels in the car application ratio is about. China is the world's largest producer of steel and aluminum, enough raw materials so that the production of wheel has a great raw material cost advantage. Compared with the European and American countries, China's human resource cost still has a great advantage.
