Abstract Wu Guochun, deputy director of the Equipment Industry Department of the Ministry of Industry and Information Technology, said recently that China's auto industry will show moderate to low growth for a long time to come. Affected by "Internet +", unmanned driving and other technologies, industrial restructuring will also be more...
Qi Guochun, deputy director of the Equipment Industry Department of the Ministry of Industry and Information Technology, said recently that China's auto industry will show moderate to low growth for a long time to come. Affected by technologies such as “Internet +†and unmanned driving, industrial restructuring will also be more frequent. Qi Guochun said at the 2015 China Automotive Industry Development TEDA International Forum, which opened on the 12th, as the Chinese economy entered the “new normal†of development, the automobile industry also entered a period of transformation and adjustment. In recent years, China's automobile growth rate has dropped from about 24% between 2000 and 2010 to around 7% from 2010 to 2014. The auto industry will face more intense competition in the future, and the industry's profitability will be seriously affected. Since the beginning of this year, the profit situation of the entire automobile industry has been worse than before, and this situation may be further aggravated for a long time.
"We should adapt to the 'new normal' with a more proactive attitude, and achieve breakthroughs in energy-saving and new-energy vehicles, intelligent manufacturing and intelligent network-connected vehicles, independent innovation and brand building, and the realization of legalized management in the industry," said Guo Guochun.
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