On behalf of China Council for Promotion of International Trade, Automotive Committee, I am pleased to invite you to participate in the eighth Global Automotive Forum on June 7-8, 2017 in Chongqing Yuelai International Convention Center, China. We understand the many demands on your time, and would be delighted to work with your office to ensure the maximum benefit from your participation.
Created by the China Council for Promotion of International Trade, Automotive Committee, the Global Automotive Forum (the “GAF”) goes beyond existing national and regional automotive conferences by taking a holistic, integrated approach to the global automotive industry that aims to generate a productive and outcome-oriented exchange of views among manufacturers, political decision-makers, experts and media leaders on a global basis. In doing so, the GAF provides participants with unique insights into the technological, economic, societal and trade developments impacting the industry.
Building upon the success of prior years, the GAF2016 was another great success. Highlights included:
- 950 participants attend 20 sessions.
- More than 70 speakers from China and the rest of the world, including the Chairmen and Presidents of China’s top auto makers, senior global executives and experts and senior officials from China’s important ministries and major cities.
- Wide participation by the media, with journalists from 172 Chinese and international news organizations and extensive coverage by China Central Television (CCTV), a co-sponsor of the Forum.
- Lively debates on topic affecting the industry, press conferences and special events.
Auto demand is maturing not only in China but also in key global markets such as the USA. With limited scope for top line growth, how is the industry adapting to an era of slow or no growth and challenging outlook for revenues and profits. Whilst the structure of the traditional global auto industry remains relatively stable, key megatrends such as electric vehicles, connectivity and autonomous driving are encouraging newer players to shake up the current industry structure. Internet and new technology are also driving innovations in vehicle design, supply management and logistics, manufacturing and sales and marketing. Thus, we have chosen this year’s theme as "Innovation, Reform and Transformation in a Maturing Market", aiming to achieve strategic options to adapt future megatrend.
As a top executive and leader in the automotive industry, your participation will make an especially valuable contribution. At the same time, we are certain that you will also enjoy the interaction and networking with the business leaders, gov’t officials, public personalities and experts who will be gathering at the event.
We sincerely hope that you will be able to include June 7-8, 2017, the dates of the Global Automotive Forum 2017, on your agenda. We look forward to having the pleasure of welcoming you to Chongqing next June.
With best regards,
Executive Chairman, Global Automotive Forum Organizing Committee
Chairman, China Council for the Promotion of International Trade, Automotive Committee
On June 7th, the Global Automotive forum was coming to a close. As the last meeting of the forum, this discussion was highly attended and anticipated.
Currently both the global and domestic Chinese automotive industries are slowing down as demands decease. Expected profits are falling year on year. The entire automobile industry is facing problems including the environment, oil consumption, future energy resources, safety and traffic management. Cooperation and competition among policy makers, industrial organizations, vehicle manufacturers, component suppliers and relevant stakeholders will continue to play an increasingly crucial role.
What challenges will automobile industry face in the future? How can we build a community in the industry based on mutual interest? What are the trends that will arise from the international and domestic markets?
Ho Leongleong, host of Phoenix Satellite Television, discussed solutions to sustainable development of the Chinese automobile industry with Chen Zhixin, President of SAIC Motor Corporation, Roland Krueger, President of Infiniti Motor Company and Li Shufu, Chairman of Volvo Car Corporation.
by Mark Andrews
“We’re going to gradually phase out the old platforms. Geely will gradually transition to CMA” said Li Shufu founder and chairman of Geely Holdings speaking at the 2016 Global Automotive Forum held in June in Chongqing.
On June 6th Luo Zheng, the President of Transportation Finance at Ping An Bank, Xu Sitao, Chief Economist and Partner of Deloitte China, Ashvin Chotai, Managing Directo of the Intelligence Automotive Asia and the moderator, Chen Yudong, President of Bosch Investment discussed the challenges and opportunities presented to the automotive market after China enters the “New Normal”.
Since China’s Economic Reformation 30 years ago, the industries of China have constantly been doubted. These doubts however have never slowed down the evolution of the auto industry. As China begins its 13th 5 Year Plan, things are looking bright for the industry yet again.
by MARK ANDREWS
CHONGQING, China -- Sales of alternative energy vehicles are rising quickly in China, but questions remain about whether volumes will be sustained once the government begins promised cuts of subsidies and other support.
Some 331,082 alternative energy vehicles were sold in China last year, more than quadruple the 2014 count. This surge nearly enabled the country the meet a goal set by the State Council in 2012 for such sales to hit a half million by the end of 2015. The cumulative count hit 502,572 on March 31.
The “New Normal” makes the old development style – focusing on scale and speed – difficult to sustain, and provides China’s industry, especially the automotive industry, with the opportunity to transform and upgrade. Made-in-China 2025 reinforces this initiative. At the seventh Global Automotive Forum panelists discussed how to deepen the structural reform and speed up the transformation of government’s functions, how to make a breakthrough for OEM reform, how to provide a mechanism for smoother Chinese automotive manufacturer development, and how to build an industry innovation mechanism.
At the plenary meeting on the morning on June 7, Dong Changzheng, Executive Deputy General Manager, Toyota Motor (China) Investment Co.; Shu Youxing, General Manager of BYD Auto Sales Co.; BVR Subbu, Director, Beyond Visual Range - Strategy Consulting, and former President, Hyundai Motor India; and Li Peng, Deputy Editor-in-Chief of Sichuan Daily Press Group, President of West China City Daily, CEO of Cover Media held deep discussion of the topics from various angle.
On June 7, 2016, a brainstorming session, titled “China’s ‘Internet Plus’ Vision: How Will it Impact the Auto Industry,” was held at the seventh annual Global Automotive Forum. Panelists, Ma Jun, chief expert of Changan Automotive; Qin Zhi, CEO, Auto Home Inc.; He Yi, vice president of Le Holdings, CEO of Le Auto Link, chairman of Le Share; Marco Hecker, Managing Partner, Deloitte China Auto Consulting; and Yang Dehong, Chairman, Hangzhou Miya Information Technology Co., expounded the auto industry’s new form under the vision of Internet Plus.
China’s Internet Plus vision, announced by Premier Li Keqiang in 2015, aims to integrate mobile Internet, cloud computing, and big data into manufacturing and promotes the development of e-commerce. In the automotive industry, “Internet Plus” has the potential to raise efficiency and productivity across all functions and across the value chain. Automobile manufacturers, as well as IT and Internet companies, are making significant investments to meet the challenges and opportunities offered in the plan. Discussion at the session focused on the interaction between IT, Internet and other services providers with automobile manufacturers; changes in the marketing and development of products; and changes brought to every day life by the prospect of an “Internet Plus Car.”