This year's auto market performance exceeds expectations? Xu Haidong from the China Association of Automobile Manufacturers: The explosion of China's automotive industry in the past five years is evident

Recently, Xu Haidong, the Executive Vice Secretary-General of the China Association of Automobile Manufacturers, pointed out that at the beginning of the year, the association predicted "32.9 million vehicle sales and a year-on-year growth of 4.7% for the Chinese auto market in 2025." However, the actual performance of the auto market this year has far exceeded this. "During the '14th Five-Year Plan' period, the explosive growth of China's automotive industry is evident, and this explosion also includes significant expansion in the high-end sector. The core reason for the explosive growth of China's automotive industry in these five years lies in the positive design capabilities of Chinese automotive companies. We have learned how to positively design cars, how to ensure the quality of vehicles, and we have established corresponding inspection and testing systems to guarantee product quality. This is the cornerstone for Chinese automotive companies to achieve breakthroughs in the high-end sector." Xu Haidong stated that on this basis, new force car companies have joined the "battle," enabling Chinese automotive brands to better gain precise insights into the needs of young consumers and respond quickly, resulting in an unprecedented speed of product iteration