Business · Trade · 4 hrs ago

Germany-China Auto Conference Focuses on Industry Cooperation

Germany-China Auto Conference Focuses on Industry Cooperation

The 10th Germany-China Auto Conference took place in Wolfsburg, Germany, on October 30.

About 600 representatives from government, industry groups, carmakers, suppliers and research institutions attended.

They discussed the auto industry’s shift, new technology, investment and supply chains between the two countries.

The global car industry is changing rapidly, with electric and smart vehicles advancing and supply chains being reshaped.

Speakers said cooperation, including on batteries and innovation, could benefit both sides, while competition and market pressure are also increasing.

The conference offered a place for direct discussion through speeches, roundtables and sessions on artificial intelligence, batteries, future factories, and rules for the industry.

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What people are saying

Olaf LiesLower Saxony state premier
The global automotive industry is undergoing the largest and fastest transformation process in its history, which also brings new opportunities for German-Chinese cooperation.
via China News Service
Liu MinqiangDirector of the Investment Promotion Agency of China’s Ministry of Commerce
Market competition is an objective reality, but competition is not a bad thing; it is conducive to industrial upgrading and to providing consumers with better products and services.
via China News Service
Thomas SchmallVolkswagen Group management board member and group technology chief
Against the backdrop of accelerating industrial transformation and increasing competitive pressure, maintaining direct dialogue and establishing reliable and solid partnerships are especially important.
via China News Service
Lin DongChinese consul general in Hamburg
In this context, it is especially important for China and Germany, both major automotive producers and sources of innovation, to strengthen cooperation.
via China News Service