2009 Global Automotive Sourcing Summit successfully held in Shanghai on April 21

A grand gathering of elite professionals from 22 OEMs, 101 global tier 1 suppliers, 120 domestic auto parts manufacturers, around 30 supply chain service provider organizations, and remarkably over 150 of these participants with Director title or above - this is an event snapshot of 2009 Global Automotive Sourcing Summit, which was held at Shanghai International Convention Center on April 21.

2009 Global Automotive Sourcing Summit has gained tremendous industry attention thanks to its broadest participation and leading positioning in the automotive procurement field. Initiated and organized by the global leading B2B automotive marketplace Gasgoo International, the summit witnessed a spectacular gathering of VIP guests such as Mr. Liu Jian, Deputy Director of Shanghai Economic & Information Technology Commission, Mr. Chen Guangzhu, senior-level member of the China Automotive Industry Consultative Committee (CAICC), etc. In the mean time, the event has also obtained substantial support from professional organizations and media like VDA (Verband der Automotilindustrie), Kingdee, Sina.com and 163.com, etc.
Currently, the global automotive industry has been confronting with a tough period due to the financial crisis effect. However, the domestic sales of passenger vehicle soars to mark a new record, despite the fact that China auto and auto parts industries are experiencing a short-term downturn as a result of the international markets’ influence. Under this background, what will be the development trends for the global sourcing of China automotive industry? What will be the changes for international purchasers’ sourcing in China market? And how should Chinese suppliers adapt to the new market environment via strategy adjustment? These key issues have become the impetus, objective, and mission for organizing and holding 2009 Global Automotive Sourcing Summit.

By thematic speech and panel discussion, topics concerning "Development & Trend of future China automotive sourcing", "Key successful factors of automotive sourcing in China for global purchasers", "Suggestions on overcoming the current challenges of China sourcing" etc. were extensively covered by a gathering of auto manufacturers, purchasers, senior high officials, policy makers and related industries. The speech and discussion mainly explored the development and trend of automotive sourcing in China, offering insightful advice and practical solution for both purchasers and suppliers.

Most Participants thought this conference has brought an extraordinary chance to gather industry leaders, experts and innovators to explore and discuss key issues in the automotive sourcing in China and this conference has been an impressive and thought-provoking event. According to the feedback from conference delegates, both purchasers and suppliers in China market think such conference is indispensable for the supplying chain optimization in automotive industry. They look forward to much more ideas, discussion and experience-sharing from multi-dimensional perspectives to assist global buyers and China suppliers with their strategy adjustment