Cui Dongshu: The automobile industry is a new infrastructure for consumption - a significant increase in sales.

date
01/03/2026
Choi Dong-shu, Secretary-General of the China Federation of Automobile Dealers, stated in an article: In the dual waves of industrial upgrading and technological change, "new automotive infrastructure" has surpassed the traditional transportation category and become the core pillar industry driving the high-quality development of manufacturing, linking the smart ecosystem, and promoting energy revolution. Its core value is concentrated in the three dimensions of manufacturing industry support, intelligent consumer empowerment, and energy transition connection. The automotive industry is an important growth pole for the national economy in the new era. I believe that in the next 5-10 years, the total consumption market size of the automotive industry chain will exceed 10 trillion yuan, with the main growth poles being used cars, after-market services, and new energy support services. Data shows that by 2025, the total output value of the automotive industry in China will exceed 11 trillion yuan, accounting for nearly 10% of the total output value of the country's manufacturing industry, directly driving the output value of upstream and downstream industries to exceed 20 trillion yuan and creating over 8 million direct jobs and over 30 million indirect jobs. The scale and driving effect are at the forefront of the manufacturing industry. Especially with the new positioning of the automotive industry's third space, driving automotive products to replace real estate as a new growth pole for residential consumption, it is also the foundation for the final consumption of the manufacturing industry. Similar to buying a house and needing to furnish it with appliances, having a private car offers a new mobile home, forming a completely new travel and consumption ecosystem.