World Of Tourism

Automotive accessories are considered all of those parts that are sold to enhance the appearance of the vehicle, to increase performance, to replace original parts with up-graded luxury items such as seat covers, door and window handles, chrome plated exhaust pipes, larger sized wheels and tires, etc. for cars, pick-ups, and trucks. Although there is a large amount of local production of these products, the majority of them are imported. The importance of this sub-sector is evidenced by the tremendous size of the annual accessories trade show, SEMA, which is held in Las Vegas, Nevada every year. SEMA exhibitors traditionally display thousands of new products in every show, and for the last several years, the greater part of exhibitors has been from Asian countries, especially China, Taiwan, and Japan.

Often, Australia migration will be very excited to travel that he would forget a few small details. These things, however, are in fact very much as important as securing your visas and travel papers. In fact, these are the ones that you will need the most once you arrive in your new country.

One of the first things that you need to check before you board the plane is your travel documents. Remember that once you forget even a single piece of paper, there is no way that you can get it back. Place all your documents together so that you know where they all are. To avoid accidentally misplacing them, never put in your papers with your other things. Instead, place them in a separate pocket in your travel or hand bag, so that you can also easily reach for them when in the counter. Also put everything in a small folder or envelop for a neater appearance.

You will also need money in the country's currency once you arrive. It would be better if you get your money converted before you leave. This will save you a lot of time looking money changer, which is sometimes hard, especially if you are in country that doesn't speak English. While at it, be sure to make your bank accounts payable to the currency, so transactions will be easier.

Better yet, you can open an account in a bank in the country you are going to and have your money transfer to it. This will save you the trouble with having to transact with with the bank back home. International banks usually facilitate fast opening and transfer of accounts in their branches. If that is not the case, you need to open an account in a local bank before you leave. Luckily, you can usually do this online.

And of course, you need to have somewhere to live in during your stay. Hotel accommodations can be arranged online, as well as housing. You may want to do this before your flight so that you can know their prices beforehand. It would be better if you have several options to choose from, so that you can get the best prices.

Since you will also definitely travel a lot, you need to get a driver's license. You can easily apply for a license by contacting the appropriate vehicle authorities once you arrive. However, you may to take additional driving lessons to conform with local laws, especially if the country you are going to doesn't have the some driving orientation as the one you are coming from.

Alternately, you can also want to commute on your way around. With that, you need to familiarize yourself with the routes, as well as the various places even before you land. You can check online maps to get the best routes to and from the place you are going to stay abroad. Better yet, you can familiarize yourself with the places more by visiting virtual walkthrough sites. There are many of these available nowadays, and they have proven quite useful for would be travelers.

China’s goal to develop its automotive industry into a key industry of the national economy by 2010 is quickly coming to fruition. It is now the 3rd largest automotive market in the world, trailing only the United States and Europe. China now has 6,322 automotive enterprises, which are scattered in five sectors: motor vehicle manufacturing, vehicle refitting, motorcycle production, auto engine production, and auto parts manufacturing. This includes approximately 100 OEMs, with 40 producing passenger vehicles, and over 4000 auto parts/accessories companies. All tiers of the industry are being driven by the booming sales of the OEM sector. Nearly 80% of the revenue for the auto parts and accessories market is through new vehicle sales.

In 2006, seven million new motor vehicles in China are expected to be sold, according to statistics from Automotive Resources Asia Ltd.. As of November 2006, China had already produced 6.6 million vehicles, a 27.92% rise over 2005’s figures. The total output value of the automotive sector for Q3 2006 was $143 billion dollars.

China’s fulfillment of WTO requirements has helped drive new vehicle sales. As of July 1, 2006, China fulfilled its WTO requirements by lowering import tariffs for auto parts and accessories to 10% and import tariffs for new automobiles to 25%. The reduction of tariffs on automotive parts and China’s agreement to eliminate local content requirements after WTO entry have placed domestic automotive parts manufacturers in direct competition with their international counterparts.

The main goals for automotive components, parts, and accessories manufacturers are to improve technology and quality and to develop design capability. Most of the domestic automotive parts manufacturers’ R&D capabilities are limited due to the small scale of their operations and a shortage of capital as compared to international companies. In the next five years, the Chinese Government will continue to encourage foreign investment in automotive component development and manufacturing. In the meantime, there is a growing market for imports and American products are generally highly regarded by Chinese customers.

Many U.S. firms have already begun exporting to this quickly growing market. U.S. automotive component firms enjoy a good reputation for quality and many U.S. firms are already well known to Chinese end-users. Domestic OEM firms encourage U.S. suppliers to establish plants in China or work more closely with local firms to upgrade product quality. As more parts are sourced locally, the total cost of production decreases, as there is no import tariff on locally made products.

The reductions in automobile tariffs will make it much more cost effective for U.S. firms to export finished vehicles to China and reduced tariffs on parts will allow companies to import essential components that cannot currently be found domestically. Additionally, as China’s restrictions on trading and distribution are reduced, American companies are gaining the right to distribute most products, including automobiles and related parts, in any part of China, whereas formerly, foreign companies could only distribute parts to one interior destination in China and they were not allowed to ship or distribute products between cities without employing a Chinese freight company.

Shanghai and its surrounding provinces (Zhejiang, Jiangsu, and Anhui) are the centers for component manufacturing, representing around 44% of national production. Shanghai is home to Shanghai General Motors, Delphi, Visteon, and other notable American automotive companies and, as such, provides a good starting point for U.S. automotive component exporters to begin to explore the Chinese market. Other major automotive centers in China include Guangzhou (South China), Chongqing (West China), and Changchun (North China).