According to the data released by the China Association today (11th), in 2023, China's automobile production and sales will exceed 30 million for the first time, a record high.
Against this backdrop, China's auto exports have also taken a leap forward, reaching 4.91 million units, up 58% year-on-year, and it is expected to become the world's largest auto exporter. Behind this achievement is China's independent innovation and technological progress, but also the continuous improvement of the influence and competitiveness of Chinese auto brands in the international market.
Looking back on 2023, China's automobile production and sales will complete 301610,000 and 300940,000 units, up 11. y/y6% and 12%. This growth rate is not only much higher than the growth rate of domestic GDP, but also in a leading position in the whole industry. This fully illustrates the vitality and potential of China's auto market, and also provides strong support for the development of China's auto market.
Of course, China's achievements did not happen overnight. Over the years, China has been committed to promoting the development of the country, through policy support, technological innovation and market expansion and other efforts, to achieve a leap from a traditional automobile country to a new energy vehicle power. At the same time, Chinese auto companies are also increasing R&D investment, improving their independent innovation capabilities, and promoting product upgrading to meet the diversified needs of domestic and foreign markets.
However, we must also be soberly aware that China still faces some challenges and problems. For example, with the intensification of competition in the international market, Chinese auto brands are facing many difficulties in expanding overseas markets. At the same time, the upgrading of consumption in the domestic market and the improvement of environmental protection requirements have also put forward higher requirements for the technology and quality of Chinese automobile enterprises.
Therefore, China needs to further strengthen independent innovation and brand building, improve product quality and service levels, so as to meet the changing and upgrading needs of domestic and foreign markets. At the same time, it is also necessary to strengthen cooperation and exchanges with international automobile companies to jointly promote the development and progress of the world.
In short, the data released by the China National Association shows that China's automobile production, sales and export volume will hit a record high in 2023, which fully illustrates the strength and prospects of China's first country. However, we also need to face up to challenges and problems, and constantly strive to improve our independent innovation capabilities and market competitiveness to achieve a more brilliant future.