China has unveiled a long-term strategy aimed at transforming its automotive sector into a global leader by 2025, focusing on technological innovation and industrial upgrading. The plan highlights electric vehicles, smart manufacturing, and new energy sources as critical growth drivers, positioning the country to dominate future mobility markets. Authorities emphasize strengthening domestic supply chains and fostering collaboration between state-backed firms and private enterprises. Industry analysts suggest the initiative could reshape global competition in the automotive industry.
‘Key pillar’: the 5-year powerhouse plan for China’s car industry scmp.com