The 2022 TEDA Auto Forum——Government and Business Leaders Sharing Insights over the Development of China’s Auto Industry

We should take opportunities brought by electrification in innovation, development and market. To achieve these goals, we should boost the growth of new energy vehicles, and break the bottlenecks between products and market, policy and industry, and front-end and back-end of the industry chain. We should also foster new competitive edges and growth poles by focusing on the fields of driving range extension, cost reduction, revenue improvement, charging energy replenishment and battery recycling.

What underlie innovation-driven development are stronger independent innovation capabilities, the mastery of key core technologies, and a high level of scientific and technological self-reliance.

Automotive involves a high degree of division of labor. The global automotive industry will seek upgrading through cooperation and development to better achieve mutual benefit and win-win situation.

With modern transportation network and industrial transfer and upgrading, we will see a new pattern of synergistic development with complementary advantages and mutual benefits in Beijing, Tianjin and Hebei.

Consumers have shifted their demand for cars from a tool of mobility to intelligent robots, with powerful perception systems, energy systems, drive systems and computing platforms which act like eyes, ears, hearts and brains  to human-beings. This will reshape auto products.

We should seek closer collaboration between technology development and the obligation to reduce emissions. Clarifying CO2 reduction targets and responsibilities within the industry will promote cross-industry cooperation and common development.

Digitization is a key factor for profit and sustainability. It integrates data of relevant products, process, quality and cost to keep a consistent data flow from end to end across the value chain, process chain and plant management.

We will promote new energy vehicles in public through our efforts in CO2 reduction based on the existing policies in China.

Data technologies such as cloud computing will become a new productivity to accelerate the upgrading of the automotive industry and help companies gain new competitiveness in the digital era.

We will redefine cars with our self-driving software, batteries and electric drive control system.

The current urban road facilities are considered immature when we talk about vehicle development and traffic control. It will be more cost-effective for the entire society if we improve high-intelligence vehicles for the next-gen road system.