China's automotive sector is hitting the fast lane, transforming from an industry follower to a world-class trendsetter, according to Xu Haidong, deputy secretary-general of the China Association of Automobile Manufacturers. In an exclusive interview, Xu told CGTN that the country's auto manufacturing and components sector now sets global benchmarks in innovation and production scale.
🚀 "We're witnessing a historic shift," Xu said, comparing China's progress to "changing lanes on a highway" as domestic brands like BYD and NIO accelerate electric vehicle development. The sector's growth aligns with China's push for sustainable tech, with EV exports surging 120% year-on-year in 2023.
🌱 Students and entrepreneurs take note: This evolution creates opportunities in battery tech, smart vehicles, and green manufacturing. For travelers and culture enthusiasts, it's reshaping urban mobility landscapes from Shanghai to São Paulo!
