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On September 13, Geng Hongzhou, a first-level inspector of the Market Operation and Consumer Promotion Department of the Ministry of Commerce, stated at the 2025 China Automotive Industry Development (TEDA) International Forum that the automotive industry is undergoing profound changes as a new round of technological and industrial revolutions accelerates. Next, the Ministry of Commerce will focus on implementing the "old for new" policy in the automotive industry, continuously optimizing platform functions, and empowering subsidies through data to reach consumers in a timely and convenient manner. At the same time, the Ministry of Commerce will also promote reform pilot projects in automotive circulation and consumption, deepen practical reforms to remove constraints on automotive consumption, and promote the transition of automotive consumption from purchase management to usage management through innovative thinking to cultivate new growth points in automotive consumption.
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