Rematec Asia 2024: Unveiling the Future of Remanufacturing in Guangzhou

Nynke Lipsius, Director of Mobility at RAI Amsterdam, and Xie Jianjun, Secretary General of the China Parts Remanufacture Association (CPRA), recently discussed the future of the remanufacturing industry in China. Their insights highlight the significance of this event for those wanting deeper understanding of the Chinese remanufacturing market.

In just about three months, Rematec Asia is set to open its doors in Guangzhou, China, from August 28-30, 2024. This eagerly anticipated event will bring together key players from the remanufacturing industry, providing a unique platform to explore the latest trends and innovations.

Nynke Lipsius, Director of Mobility at RAI Amsterdam, and Xie Jianjun, Secretary General of the China Parts Remanufacture Association (CPRA), recently discussed the future of the remanufacturing industry in China. Their insights highlight the significance of this event for those wanting deeper understanding of the Chinese remanufacturing market.

Xie Jianjun, Secretary General of the Remanufacture Committee of China Association of Automobile Manufacturers, CPRA, emphasized the vast potential for remanufacturing in the Chinese automotive aftermarket.

With the country now boasting 340 million vehicles, and the average car reaching six years old, there is a burgeoning market for remanufactured parts. Additionally, with around 26 million new cars hitting the roads each year, the scope for growth in this sector is substantial.

Currently, remanufacturing constitutes about 3 percent of automotive parts in China, but this figure is expected to rise significantly, Xie Jianjun said.

The Chinese government is highly supportive of remanufacturing initiatives, encouraging consumers to opt for remanufactured parts as part of their sustainability efforts. Lower costs for land, factories and energy, combined with a large labor force, position China favorably for large-scale auto parts remanufacturing. As Xie noted, “The future development of overseas enterprises in China will be considerable.”

When asked about what areas overseas companies can learn from the remanufacturing industry in Asia, Xie highlighted the direct benefits of participating in Rematec Asia. “Western remanufacturing companies can work very directly with China’s local remanufacturing enterprises. And aftermarket auto parts dealers in China — they can communicate face to face. This demand for remanufactured products in the Chinese market can be directly understood.”

By attending the exhibition, participants can gain a comprehensive understanding of China’s current technological capabilities in the remanufacturing industry and the specific conditions of remanufactured products. Additionally, they can learn about China’s remanufacturing industrial policies through forums and industry events during the exhibition and understand the construction of remanufacturing industrial parks in China.

Xie also shared his thoughts on the most valuable takeaway for participants of Rematec Asia. “Domestic visitors and guests of the exhibition hope to learn about the latest European and overseas remanufacturing technologies through the exhibition and the quality and technical level of remanufactured products. At the same time, they hope to be able to communicate with European remanufacturing enterprises, manufacturers of remanufacturing equipment, and remanufacturing technology service providers through the exhibition.”

Watch the video interview below.

For information on Rematec Asia, visit the show website.


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