Core Insights - The speech by Wang Qing emphasizes the need for policy coordination between new energy vehicles (NEVs) and traditional fuel vehicles to address the emerging economic disparities in regional development [1][3]. Group 1: Policy Coordination - The development of NEVs and fuel vehicles should be synchronized, as rapid growth in one sector may not yield optimal results for the overall economy [1][3]. - The Chinese automotive industry should aim to become a comprehensive champion rather than just excelling in one area, indicating a need for diverse policy support [3]. Group 2: Recommendations for Policy Implementation - Early announcement of a comprehensive plan for consumer subsidies for trade-ins is crucial, detailing the duration and amount of subsidies to provide market clarity [4]. - The gap between subsidies for fuel vehicles and electric vehicles should be minimized to ensure fair competition, with subsidy ratios based on vehicle prices [4]. - The timing of the withdrawal of purchase tax policies and subsidy policies should be staggered to avoid market downturns due to policy vacuum [4]. - Transitioning subsidies from purchase incentives to consumption and service-related areas, such as financing and charging services, aligns with market growth trends and can stimulate related consumption [4].