Xiamen Kingtom attend the exhibition on June 5-7, 2018.We are specialized in automotive lamps rubber parts,automotive suspension rubber parts,automotive wiring harness rubber parts.

Economic Environment:  

- As an important trading entity, economic power and financial center, The UK is the world's sixth largest economic system and one of the richest, most developed and highest standard of living countries in the world.  

- Birmingham, Britain's second largest city after London, is built on trade and produces a quarter of the country's output.  It is one of the main manufacturing centers in China.  Industrial sectors are numerous, dominated by heavy industry.  The automobile industry is very large.  Birmingham is the largest and most concentrated industrial city in the world.  

Industry environment:  

- Britain is an important automobile market in the world and Europe, ranking third in Europe in terms of market capacity.  The UK is the world's fourth largest producer of automobiles and the second largest producer of premium cars. More than 40 automobile manufacturers manufacture in the UK, including some of the world's most famous automobile brands.  

- New car sales in the UK continued to grow in May 2015, up 2.4% year-on-year, according to the Society of Motor Manufacturers (SMMT).  Passenger car registrations in the UK rose 2.4% to 198,706 last month from 194,032 a year earlier.  In the year to May, the British car market had been on a 39th straight month of growth.  

- In 2014, 1.6 million motor vehicles and 2.5 million engines were produced in the UK, with an export rate of over 80%.  

- In 2012, the AA, government and industry invested £3 million to add value to the UK's first tier supply chain.  Since then, the total value of repurchases by the UK carmaker has exceeded 1 million pounds.  As the industry continues to grow, so does the need.  Therefore, the need to expand the automotive industry chain urgently needs to be solved.  

- Credit spending and low lending rates have fuelled a rapid recovery in the UK car market, with sales expected to reach 2.45 million units in 2015.  About four-fifths of buyers in the UK have opted for a so-called personal contract scheme, where they borrow money to "lease" a car for three years and then trade it in for a new one.  

- According to the Regulations of the British government, after three years of use, new cars must be inspected annually to ensure driving safety. If they fail the annual inspection, they must be replaced. - The volume of trade between China and Britain is small.  British automobile products export to China 3.069 British automobile products import and export account for the 16th place, which is not consistent with the status of Both China and Britain as big countries in automobile production, and the future development potential is huge.