Zhang Yongwei Proposes Building a New Development Model for the Automotive Industry

[Industrial Policy] At the Modern Industrial Chain Collaboration Conference on New Energy and Intelligent Vehicles, Zhang Yongwei, Chairman of the China EV100 Research Institute, proposed constructing a new development model for the automotive industry.

Core Trend: Systemic Restructuring Needed as Transformation Enters Deep Waters

On July 12, during a conference commemorating the 70th anniversary of the rollout of China's first automobile—a key event in a series of anniversary activities—Zhang Yongwei stated that China’s automotive industry is now deep into its transformation toward electrification and intelligent mobility, facing triple pressures: weak domestic demand, rising overseas trade barriers, and accelerated technological iteration.

Strategic Foundation: Macroeconomic-Industrial Linkage Emerges as Critical Variable

He emphasized that the automotive industry plays a “unique” role in driving manufacturing investment and production, and therefore analyzing industry trends must incorporate macroeconomic conditions. In previous phases, China has achieved notable success in electrification and intelligent mobility, making automobiles a crucial vehicle for supporting high-quality development and high-level opening-up.