In his article, Cui Dongshu highlighted that, spurred by national policies aimed at boosting consumption, China's automotive market demonstrated strong performance in 2025, marked by notable recoveries in both the truck and bus segments. Despite a slight tightening of policy incentives this year, retail sales of passenger vehicles experienced a month-on-month decline in January. However, thanks to robust export growth, manufacturers' sales growth remained commendable. The new energy vehicle (NEV) sector maintained a stable trajectory in January, with sustained export expansion, although the industry continues to grapple with substantial challenges. Looking ahead, the commercial vehicle market is anticipated to achieve structural growth in 2026, fueled by equipment renewal subsidies. Generous subsidies are expected to accelerate the electrification process within the logistics and transportation sectors, fostering a relatively optimistic market outlook.