China EV100 Hosts High-Level Seminar on Automotive Market Outlook and Consumer Trends

[Industry Conference] The China EV100 Research Institute held a high-level seminar in Beijing on the outlook for automotive market conditions and consumer opportunities.

Key Trend: Service Consumption Rises to 46.1%, Becoming a New Pillar of the Auto Market

On July 13, 2026, a high-level seminar organized by the China EV100 Research Institute took place in Beijing, attended by over 50 representatives from institutions and companies including the Development Research Center of the State Council, the National Information Center, BMW, XPeng, and Seres. The meeting focused on macroeconomic trends and automotive consumption patterns.

Key Data: Service Consumption Grows 8.5% Annually as Goods Consumption Slows

Experts noted that while the economy remained generally stable in the first half of the year, structural divergence was evident. Service consumption maintained an average annual growth rate of 8.5%, accounting for 46.1% of household consumption expenditure, emerging as a critical factor in high-quality development.