On behalf of China Council for Promotion of International Trade, Automotive Committee, I am pleased to invite you to participate at the 4th Global Automotive Forum (“GAF2013”) on October 17-18, 2013 in Wuhan, China.
The Global Automotive Forum goes beyond existing national or regional automotive conferences by taking a holistic, integrated approach to reviewing the global automotive industry. The aim is to generate outcome-oriented discussions among automotive business leaders, political decision-makers, economists and industry experts. In doing so, the Forum provides participants with unique insights into the technological, economic, societal and trade developments impacting the industry.
Highlights of GAF2012 include: over 700 participants from 18 countries and regions, 70+ speakers from China and the rest of the world, 14 lively debates on topics affecting the industry, 8 press conferences and 5 special events. Speakers included senior global automotive industry executives and experts, Chairmen and Presidents of top Chinese OEM as well as senior government officials from China’s important ministries and major Chinese cities. With help from China Central Television (CCTV), a co-sponsor of the Forum, there was wide participation by the media with journalists from 108 Chinese and 20 international news organizations.
Global Automotive Forum has been well-known as one of the Top 10 most influential conferences in China. We are proud of what has already been accomplished, as the Forum has become a “must-go “international event for industry leaders. We are determined to make GAF2013 even more successful. This year’s agenda will cover a wide range of issues and challenges facing all industry leaders and the sessions will be structured to encourage maximum interaction and debate.
We sincerely hope that you will be able to include October 17-18, 2013, the dates of the Global Automotive Forum, on your agenda. We look forward to having the pleasure of welcoming you to Wuhan in the autumn.
With best regards,
Executive Chairman, Global Automotive Forum Organizing Committee
Chairman, China Council for the Promotion of International Trade, Automotive Committee
Financial Innovation: Financing services for furthering the development of the automotive industry
Experts from the financial sector shared the meaning of cross industry integration for traditional automotive industry together in the GAF2013’s sub forum，“Financial Innovation: Financing services for furthering the development of the automotive industry”.
The automotive industry has always been a capital and technology intensive industry .Funds of course play a key role in supporting both enterprise investment and consumption demand.
Over the course of the past decade, the investment boom was supported by state-owned banks providing loans to local government and state-own enterprises, which contrasts against overseas capital which has gone to wholly owned foreign operations within China. It will be the trend in the future that automotive industry seeks financial support through highly mature automobile finance organizations.
China’s Auto Industry
- Defining its Future Role in China’s Economy and Global Auto Industry
The Fourth Annual Global Automotive Forum was opened today with the first topic of ‘China’s Auto Industry: Its Future Role in China’s Economy and the Global Auto Industry’.
It has been exactly sixty years since Chairman Mao sat down and wrote the logo for China’s first automotive manufacturer, the aptly named ‘First Automotive Works’. Since the inception of FAW and other automakers within China, the automotive industry has experienced a rapid transformation from being a zero car industry country to being a weak backwater market to developing into the biggest automotive market in the world during this period, which allowed for the ‘Automotive Dream’ to arise in people’s daily lives within China.
2013 To Go Down in History
2013 marks the 60th anniversary for First Automotive Works as well as the Chinese automotive industry itself. 2013 will also see the 30th anniversary of the first Santana sedan assembled by Shanghai Automobile Industry Corporation, the first joint venture passenger vehicle produced in China and the creation of the first expressway in China. Over the past three decades China has shifted from the so called ‘Bicycle Kingdom’ into the ‘Auto Kingdom’ with lighting speed. China now ranks first in the world in terms of annual production and sales from 2009 to 2012 successively with the volume of vehicles reaching over 120 million units, becoming the second largest auto country in the world.
Vision for 2030 : The popularity of unmanned cars will be no longer a dream
When talking over the possibilities for automotive technology in 2030 will be like, all the participants mentioned the unmanned vehicle. Chen Yu Dong, the president of Bosch China Investment Co. Ltd was quoted as saying: “Unmanned vehicle is a new but rapidly growing development trend for the future. Currently more than 90% of road traffic incidents were caused by driver error. The ultimate goal of car safety is automatic driving and to eliminate human intervention.”
Auto Dream, Chinese Dream
--GAF 2013 Open
The 4th Annual Global Automotive Forum (GAF2013) was held on Oct. 17th to 18th, 2013 at East Lake International Conference Center. More than 700 participants, including senior government officials, top executives from mainstream auto groups and leading industry experts from home and abroad, gathered to discuss key issues at the core of China’s automotive industry, provoke in-depth thought and broach constructive ideas for shaping the future of the automotive industry.
The theme for the GAF 2013 is “The Future Development of the Automotive Industry – Target · Strategy · Implementation” and panelists will have dialogue and discussions on topics including “Urbanization and the automotive industry”, “Opportunities and challenges outside China”, “Financing services for furthering the development of the automotive industry”, “Attracting, retaining and nurturing global talent” and “An insight into Chinese consumers”, helping to introduce perspectives and insights into the global auto industry and the path for future development.
- The 2013 Global Automotive Forum Press Briefing was held on October 16, 2013
- “Elite Interview” Episode 05: Exclusive interview with Dr. Ralf Cramer, Member of the Executive Board of Continental AG, President & CEO of Continental China
- "Elite Interview” Episode 04: Exclusive interview with Frank O’Brien, Executive Vice President, Asia of Magna International Inc.
- “Elite Interview” Episode 03: Exclusive interview with Peter Wells, Professor of automobility at Cardiff Business School