Core Viewpoint - China is the world's largest automotive market, but it faces significant challenges in transitioning from a major automotive country to a strong automotive power, including issues like intense competition, false advertising, and a focus on scale over profitability [1][3]. Industry Challenges - The National Development and Reform Commission has identified issues such as "false advertising" and "price wars" in the automotive industry as key areas for rectification [3]. - The automotive industry has seen a drastic reduction in vehicle prices, with some models dropping from over 220,000 yuan to around 120,000 yuan, raising concerns about quality [3][5]. - Price wars have led to a decline in profit margins, with the automotive industry's profit rate dropping to 3% in 2024, and 41.7% of dealers reporting losses [5][9]. Impact on Supply Chain - The pressure from price wars has resulted in significant financial losses for suppliers, with one new energy vehicle company causing 1.8 billion yuan in bad debts for 37 suppliers due to inflated sales figures [6][13]. - The practice of squeezing suppliers has led to a reduction in R&D investments, with some companies cutting R&D spending by 62% [6]. Long-term Strategies - Great Wall Motors has adopted a strategy of "retreating to advance," focusing on high-value products and increasing R&D investment to 10.4 billion yuan in 2024, which is 5.2% of its revenue [11][12]. - The company emphasizes quality and technological innovation over participating in price wars, with a commitment to maintaining a healthy relationship with suppliers and dealers [7][11]. Industry Transformation - The automotive industry is urged to shift from "price wars" to "value creation," with the government emphasizing the need to eliminate low-price dumping and false advertising [9][16]. - Great Wall Motors is building a "forest ecosystem" that promotes collaboration and resource sharing among its subsidiaries, aiming for a more integrated supply chain [13][14]. Quality and Integrity - The call for industry integrity is echoed by Great Wall's chairman, who advocates for transparency and accountability in advertising and production practices [8][16]. - The focus on quality and technological advancement is seen as essential for the sustainable development of the automotive industry in China [17].

2025年5月12日，中国汽车工业协会（以下简称"中汽协会"）在北京召开了九届八次理事会议暨汽 车行业形势分析会。中汽协会第九届轮值会长代表、副会长、常务理事、理事及代表122人参加了会 议。中汽协会监事会成员、秘书处领导、分支机构理事长和秘书长列席会议。 付炳锋秘书长做九届八次理事会工作报告 会议听取并审议了协会九届八次理事会工作报告，协会2024年财务决算及2025年财务预算执行情况，关 于《中国汽车工业协会章程》修改的议案，关于中国汽车工业协会第九届理事会届中负责人调整的方 案，关于中国汽车工业协会届中负责人选举的规则及总监票人、监票人、总计票人、计票人名单的议 案，关于建立"中国汽车行业绿色低碳公共服务平台"的议案，关于中国汽车工业协会分支机构相关制度 修改的议案，关于中国汽车工业协会分支机构变更的议案，制定《中国汽车工业协会产业集群工作规 则》的议案以及关于推迟理事会换届的议案等相关事项。 会议现场 中汽协会第五任轮值会长单位代表——东风汽车集团有限公司党委常委、副总经理尤峥主持了上午理事 会议有关环节。 尤峥主持九届八次理事会议 中汽协会常务副会长兼秘书长付炳锋向大会做九届八次理事会工作报告。他指 ...