Recently, the launching ceremony of Shanghai Jiading Sino-German Industrial Cooperation Incubator Center and the first German Anting Day Investment Promotion Conference were successfully held in Germany.
Jiading District Party Committee Deputy Secretary and District Mayor Gao Xiang attended and delivered the opening speech, accompanied by Guo Fang of the Economic and Commercial Office of the Chinese Consulate General in Munich and Zhou Xiaoying, CEO of Geshi Motor.
In addition, this meeting invited the German Automobile Industry Association, the Munich municipal government, the Bavarian Sino-German Economic and Cultural Association and other institutions.
Volkswagen Group, Cossida, Schaeffler Group, Germany Alfred, Zaifu, Boze, Durui, Weibaster and many other well-known German enterprises and many Chinese enterprises developed in Germany, such as Ulai Europe and Great Wall Mande, a total of more than 90 foreign-funded institutions and enterprise representatives attended the meeting.
The aim is to continuously expand the “circle of friends” of Jiading District in the fields of automobile “new four modernizations”, new kinetic energy and intelligent manufacturing.
The conference was opened by Ms.
Zhou Xiaoying, CEO of Galaxy Automotive.
At the meeting, the Sino-German Industrial Cooperation Incubator established by Jiading in Germany was officially launched.
It is a great honor for Geshi Automobile to become one of the partners of the Sino-German Industrial Cooperation Incubator in Jiading, Shanghai.
In the future, the two sides will jointly write a new picture of attracting investment from Germany to Europe. Ms. Zhou Xiaoying and a number of participants delivered a keynote speech. Ms. Zhou Xiaoying made an in-depth analysis of the current situation and development trend of China’s passenger car market around the theme of “China’s passenger car market and the evolution prospect of the new supply chain of smart electric vehicles in 2024 (2024 Chinese PV Market and Smart EV New Supply Chain Evolution Outlook)”.
She pointed out that the share of China’s autonomous car companies in the domestic market has reached 56% in 2023, and this trend continues to rise.
At the same time, the new energy vehicle market also shows a strong growth momentum, the market share has been close to 35%, among which add-on electric vehicles are particularly prominent.
Zhou Xiaoying stressed that the success of China’s new energy vehicles is due to its exquisite design, excellent power performance, intelligent user experience and innovative energy solutions.
In addition, she also pointed out that China’s ADAS (Advanced driving Assistance system) supply chain is gradually rising, showing strong potential for development.
Companies such as BYD, Geely, Cyrus and ideal Automobile have become typical representatives of China’s OEM, leading the development direction of the industry.
Talking about the development prospects of China’s OEM in overseas markets, Zhou Xiaoying believes that the globally competitive OEM is expected to achieve further growth in the Chinese market.
She stressed that the global localization of production layout has become the inevitable choice for the development of enterprises.
The regional structure of China’s passenger car export is becoming more diversified, and the export products are gradually developing in the direction of high-end and high value.
In the short term, the export market will be dominated by trade and bulk assembly models, while in the long run, it will transition to fully localized production.
New energy vehicles are the key factors to promote the sustained growth of exports, while Europe and Southeast Asia are expected to become the main target markets for China’s automobile exports.
Four guests, including Ms.
Zhou Xiaoying, discussed the development of foreign-funded enterprises in China.
First of all, they answered, “can foreign-funded enterprises actually make profits in China?” And what is the real industry situation in China? ” The question.
Then, in view of the current global economic environment and the situation of the Chinese market, the paper discusses “is foreign investment in China still a good choice?” The topic of discussion.
In addition, the EU also analyzed the sudden imposition of temporary tariffs on Chinese electric vehicles, “does this mean that China is ushering in a good window for investment in local factories?” Wait for the question.
Finally, combined with the international environment, the paper discusses “is it the best time for foreign investment in mergers and acquisitions of enterprises related to the industrial chain?” And conducted in-depth question-and-answer exchanges with the audience.
In the future, Jiading District will rely on the Sino-German Industrial Cooperation incubator, focus on introducing high-end foreign investment projects and international advanced technology, strengthen cooperation with Germany in cutting-edge fields such as intelligent manufacturing and new energy vehicles, stimulate market vitality and innovation potential, provide strong technical support and innovation power for regional economic transformation and upgrading, and constantly promote the optimization and upgrading of the economic structure.
To achieve a positive interaction between high-level opening up and high-quality development.
As the world’s leading information service platform for the automobile industry, Galaxy aims to “find good companies to promote good technology to achieve Autobots”.
Committed to promoting the healthy development of the automotive industry, and through our professional understanding of the automotive industry, industry depth and the ability to integrate resources, to provide one-stop services for enterprises and people in the industry.
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