How will China's auto industry develop in the future?


What kind of development trend will China's auto industry present in the future? Experts here believe that China's auto industry has begun to enter the internationalization stage, and insisting on localization and going out will become the dominant development model of China's auto industry in the future. They called for a clear strategic goal for the automotive industry: to build a new world automotive industry center in China in 20 years or more.

Experts believe that at the time of comprehensive opening to the outside world, brand and localized independent R&D will become the main line for the development of Chinese auto companies. In fact, the independent brands represented by Chery, Liberation, Great Wall, and Geely have written a new chapter in the development of Chinese autos in establishing independent core technology research and development systems and product exports.

At the same time, it should also be noted that although China's auto market has become the world’s fastest growing auto market in recent years, it’s a bit of a pity compared with the overseas auto market, which only accounts for 7.5 percent of the global market. . To this end, the experts suggest that Chinese auto companies should look farther at the same time as they have achieved rapid production growth. They must look for the development goals and roads, and attach importance to this huge market overseas.

Experts from the National Development and Reform Commission insisted that if we look at the current situation of the Chinese automobile industry, we can find that China is fully qualified to undertake the transfer of the international automobile industry, surpass other competitors, and then build into a new world automobile industry center. The so-called establishment of the World Automotive Industry Center is actually creating a favorable environment and conditions, making it the main direction for the industrial transfer of many multinational companies, and becoming the largest manufacturing base for the integrated world automotive industry.

According to analysts who hold this argument, first, starting from the end of the 20th century, the world economy began to enter the initial period of the fifth economic long wave. At least until the year of 2020, China's GDP will maintain a relatively high rate of growth. It has created a good economic environment for the transfer of the automotive industry.

Second, the huge demand for China's auto market will become a huge emerging market. With the increase of residents' income, upgrading of consumption structure, declining automobile prices and improvement of the consumer environment, the scale of China's auto market will continue to expand. The potential market capacity of China's auto market is unmatched by any other country.

Third, China has the labor advantage of building an industrial center, and this part of the advantages is reflected in the automotive industry is a comprehensive advantage, that is, both the quality of laborers and the cost of laborers.

Fourth, related industries have the foundation to undertake industrial transfer. China is currently in a period of heavy industrialization. The industries related to the automotive industry, such as iron and steel, machinery products, and textile materials, rank first in the world. There are also some labor-intensive products that have relatively strong international competitiveness. These upstream related industries have strong international The competitiveness will strongly promote the completion of the automobile industry center.

Fifth, the eastern part of China, especially the Pearl River Delta and Yangtze River Delta, has formed a group of companies and industrial groups with high levels of automotive products supporting, laying the foundation for the international industry transfer.

Finally, the Chinese automobile market is a relatively open competition market. The formation of a world automobile industry center in developing countries cannot rely solely on its own strength or the means of industrial protection to obtain the development of the national automobile industry. Instead, it mainly depends on the international transfer of multinational companies and must be combined with international capital. the way. After years of development of Chinese cars, almost all automotive multinational companies have entered China, and domestic private enterprises have also entered this market. On the whole, the Chinese auto industry has begun to enter the internationalization stage and is gradually entering a period of full competition.