Market & IndustrySmart
Beijing backs auto industry with a new five-year growth push
China is preparing a new phase for its car sector, with more investment in technology, EVs and local supply chains.
12 September 2026 1 min read 24 views
China sees the car industry as a key part of the next five-year plan. The goal is to strengthen the domestic sector with more innovation, greater technological independence and a strong push on electric vehicles and software.
For carmakers, that means more pressure on margins, but also new opportunities on a global scale. For Europe, the message is clear: the Chinese market will remain central as Beijing works to expand its role in exports.