2025 03 11 This article has a word count of 2529 and takes about 4 minutes to read Introduction At the 2025 National People’s Congress, automotive going overseas continues to be a hot topic. Author First Financial Xiao Yisi
2025 03 11 This article has a word count of 2529 and a reading time of about 4 minutes Introduction At the 2025 National People’s Congress, automobile going overseas continues to be a hot topic.
2025 03 11
This article has a word count of 2529 and a reading time of about 4 minutes
Introduction Automobiles going overseas continues to be a hot topic at the 2025 National Conference.
Author First Financial Xiao Yisi
The data on China’s auto exports in 2024 is out.
According to the China Association of Automobile Manufacturers (CAAM), China’s auto exports reached 5.86 million units in 2024, up 19 percent year-on-year, even in the face of increasing trade barriers. In 2023 and 2024, China’s auto exports surpassed Japan’s for the second consecutive year, taking the top spot on the global list.
The above figures also reflect the increasing competitiveness of China’s automotive industry in the global market. However, at the same time, China’s auto exports have come to an important turning point, as the year-on-year growth rate has begun to decline, and the period of rapid growth is over. Add to this the differences in technical standards and regulations, trade barriers and tariffs, localized production and operations, and other challenges, and Chinese automakers have a lot of catching up to do.
At the 2025 National People’s Congress, a number of automotive industry NPC deputies and CPPCC members have made suggestions and recommendations on how Chinese automobiles can go overseas with high quality, such as constructing a common database for overseas automobile markets and improving the industry association system for the automobile industry to go overseas, and solving the difficulty of inspecting defective parts and components of automobiles sold overseas in their home countries.
China’s auto exports into a new stage
In recent years, China’s automobile exports of the bright report card for all to see.
Before 2021, China’s auto exports continued to hover at the 1 million mark for many years, and the real explosive growth was in 2021, when exports exceeded 2 million for the first time, with a year-on-year growth rate of more than 100 In 2022, China’s exports further climbed to 3.11 million, a year-on-year growth rate of 54 , surpassing Germany and leaping to become the world’s second-largest auto exporter after Japan In 2023, China’s auto exports amounted to nearly 5 million, with a year-on-year growth rate of 58 , surpassing Japan for the first time to become the world’s top exporter. In 2023, China’s automobile exports amounted to nearly 5 million units, with a year-on-year growth rate of 58 , surpassing Japan for the first time and becoming the world’s top automobile exporter.
2021 2023, China’s auto export market has achieved high growth for three consecutive years, realizing leapfrog development.
In terms of exporting countries, Chinese automobiles have not only become the leader of the Middle East and Latin America automobile market, but also sailed to the European market.
The rapid growth of China’s auto exports in these three years was not only influenced by the general environment, but also benefited from the endogenous growth of China’s auto industry. On the one hand, China’s auto supply chain has shown strong resilience under the global epidemic, effectively making up for some of the gaps in the overseas market where there is a shortage of auto supply On the other hand, China is leading the world in automotive new energy and intelligence, and the enhanced competitiveness of its products has been recognized by the overseas market.
From the point of view of the development of independent brands overseas, Chery Automobile SAIC Group 600104 Changan Automobile 000625 Geely Automobile 00175 HK Great Wall Motors 601633 BYD 002594, etc., have opened up a second growth curve in overseas markets.
In 2024, although China’s auto exports also grew year-on-year by 19 , the absolute volume reached 5.86 million units, but the growth rate has slowed down more significantly. Some analysts believe that the slowdown in China’s auto export growth is partly due to a large base and partly due to the unfavorable impact of tariffs and non-tariff trade barriers.
From the perspective of export structure, China’s auto exports in 2024 show the characteristics of traditional fuel vehicles better than new energy vehicles, which is contrary to the rapid growth period in the previous years, which has a greater relationship with the countervailing subsidy investigations on China’s electric vehicles in Europe as well as the high tariffs imposed by the U.S. on China’s new energy vehicles.
And this trend will continue until 2025. For its part, the China Automobile Association believes that China’s auto exports are expected to reach 6.2 million units in 2025, a year-on-year increase of 5 8 . In 2025, China’s auto exports will face some relatively big pressure and market changes, including increased pressure from the external environment such as the EU’s tariff hike. Xu Haidong, full-time deputy secretary-general of China Association of Automobile Manufacturers (CAAM), said that based on the consideration of many factors, CAAM is more cautious about the forecast of China’s auto export volume in 2025.
From the 2024 export data and the 2025 forecast, China’s auto exports bid farewell to the period of high-speed growth and entered a new stage of high-quality development.
How can Chinese automobile enterprises go overseas with high quality?
As China’s automobile exports have entered a new stage, it has become an industry consensus and a must for Chinese automobile enterprises to go overseas with high quality.
The heads of several automobile enterprises have mentioned the topic of high-quality going to sea on public occasions. Li Shufu, chairman of Geely Holding Group, said that globalization is the road of necessity for China’s automobile industry, and put forward the concept of technology going to sea to enhance international competitiveness through new energy and intelligent technology.
BYD Chairman Wang Chuanfu said that new energy vehicles are an important breakthrough for Chinese automobiles to go overseas, and proposed the strategy of exchanging technology for market.
At the 2025 National People’s Congress, a number of automobile industry NPC deputies and CPPCC members once again made suggestions on the topic of how Chinese cars can go overseas with high quality.
Among them, the National People’s Congress Changan Automobile Chairman Zhu Huarong said that with the competitiveness of Chinese auto brands continue to improve and the domestic market competition is increasingly fierce, Chinese auto brands are accelerating to overseas markets. However, Chinese automobile enterprises also face many challenges in the process of going overseas, such as the complexity of policies and regulations related to going overseas, the duplication of inputs by enterprises and the waste of resources. At the same time, the diversity of overseas markets also challenges the adaptability of enterprises.
Zhu Huarong believes that in order to more effectively meet the challenges and enhance the overall adaptability and competitiveness of Chinese auto brands in overseas markets, it is necessary to build a unified common database, avoiding the need for each automobile enterprise to conduct separate studies, resulting in duplication of resources. Based on this, he suggests promoting the construction of a basic common database of overseas automobile markets for enterprises to quickly call up, accelerating the globalization process of Chinese automobile enterprises. In addition, Zhu also suggested relying on the common database, expanding in-depth consulting services, and alerting Chinese automakers to risks to help avoid them.
Restricted by China’s existing laws and regulations, overseas sales of defective auto parts and components to return to the country difficult to detect, affecting enterprises overseas after-sales service response speed and cost. In this regard, the National People’s Congress Guangzhou Automobile Group 601238 Chairman Feng Xingya believes that the hope that the gradual liberalization of import restrictions, short-term recycling can be established to establish a pilot, long-term revision of regulations and standards to optimize the process, to crack the problem of difficult to return to the country.
Not only is the head of the car company concerned about the car to the sea. Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) Hong Kong Economic and People’s Livelihood Alliance Supervisory Committee, vice chairman of Hu Jianjiang also suggested that the automotive industry to go overseas to improve the industry association system, when conditions are ripe, to absorb the demand for international development of vehicle manufacturing and key supply chain enterprises. At the same time, the establishment of industry associations and government departments to establish a regular communication mechanism, sorting out policy blockages, docking policy needs.
The construction of overseas market service system is also critical. According to Hu Jianjiang, industry associations and think tanks should be encouraged to set up service centers in major overseas destinations, conduct in-depth research on local laws and regulations, market environment, etc., provide Chinese enterprises with all-round and accurate guidance, and help set up the local industrial system Integrate the local social resources, establish extensive contacts with government departments, organizations and institutions, etc., and build up a network of shared resources and relationships.
In addition, automobile export has become a hot topic in this year’s local two sessions. Among them, Anhui Province has clearly indicated that it will promote the advantageous industries to go overseas in the new year, and support the leading enterprises in the advantageous industries to group horizontally and chain vertically for capital cooperation, and jointly expand overseas markets.
Guangdong Province in the government work report is also clear, to support enterprises to seize orders, expand electronic information, intelligent home appliances, electric vehicles and other products exports, stabilize Europe, the U.S., Japan and South Korea market, expand the ASEAN, Middle East, Latin America, Central Asia and other emerging markets, tap the potential of the market in Africa, the South Pacific islands and other markets.
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