"As China's economic upward pressure increases, the development of China's special-purpose vehicle industry has also encountered temporary difficulties. When extensive economic growth approaches must be changed, the task of structural adjustment is urgent and industrial upgrading is imperative." Wang Xia, president of the International Trade Promotion Council’s Automotive Industry Branch, said this shortly.
It is understood that after the outbreak of the global financial crisis, the commercial vehicle industry suddenly slowed down after creating a historical high point of production and sales, and the adverse consequences caused by the problems accumulated over the years also appeared one by one. In contrast to the rapid recovery of investment in the past, the special-purpose vehicle industry relied on the rapid recovery of investment and economic stimulus policies. The special-purpose vehicle industry experienced a large decline, which took a long time. Wang Xia said: "The government-led large-scale economic stimulus policy is gradually lagging behind. The stimulus and driving policies will be mainly local and microscopic. The central government has slowed down the pace of development and has a firm determination to carry out transformation and upgrading."
In a few short years, many areas in China have dedicated car parks, bases, clusters, and industrial agglomerations. The special car industry has experienced structural overcapacity caused by blind investment. Wang Xia pointed out that “adjusting the industrial structure and realizing the transformation and upgrading will undoubtedly be the most effective carrier and starting point for the new project. The problem is how to judge and evaluate this project. The local government must have a scientific assessment system, and it cannot blindly In order to attract investment and attract investment."
Wang Xia said: “The current situation of a serious lack of industrial upgrading power tells us that only by relying on innovation to drive development can we gain inexhaustible impetus to development. Solving the problems of 'big but not strong', being controlled by people, and hollowing out core technologies have plagued China's auto industry for many years. The facts show that high-speed development based on large consumption of resources and cheap labor is unsustainable, but after each economic slide into recession, industrial development will also face new opportunities for development.
In order to meet the new market needs in the new situation, special-purpose vehicle companies need to develop marketable product varieties and apply the most advanced technologies in order to open the market "Blue Ocean." Wang Xia suggested that “special vehicle products will create new value for users by combining new technology trends such as lightweight technologies, new energy technologies, intelligent technologies, and car networking technologies, thereby opening up new profit opportunities.â€
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