Fu Bingfeng of China Association of Automobile Manufacturers (CAAM): Joint Ventures Face Intense Competition, but Leading Brands' Positive Development Momentum Remains Unstoppable
2025-05-23 / Read about 0 minute
Author:小编   

During the CAAM Summer Media Communication Conference on May 23, Executive Vice President and Secretary-General Fu Bingfeng disclosed that despite the challenges confronting joint ventures in China, prominent enterprises have sustained robust growth through swift strategic adjustments tailored to the Chinese market. The Shanghai Auto Show underscored the proactive stance of multinational corporations in introducing innovative products and technologies, while also stepping up localized research and development efforts. Furthermore, the CAAM announced that the "2025 China Automotive Forum" will convene in Jiading, Shanghai, from July 10 to 12.