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Industry self-regulation promotes China's auto exports to achieve a qualitative leap
At the recent National Conference on the Export of Automobile Products, 29 leading automotive companies, including FAW Group, jointly released the "Initiative for Auto Enterprises to Strengthen Export Self-Discipline." This document marked the first formal self-regulation proposal in China's auto industry aimed at export activities. During the conference, Hu Maoyuan, Chairman of SAIC Group, presented the proposal, while Wu Yanfeng, General Manager of FAW Group, and Tan Xuguang, Chairman of Weichai Power Co., Ltd., as representatives of the industry, pledged to support and promote the healthy development of Chinese car exports in line with the initiative.
As China’s automotive sector continues to grow rapidly, so too has its export volume, with more domestic brands making their mark on the global stage. According to recent data, from January to August this year, total vehicle exports reached 354,900 units, a 65.21% increase compared to the same period last year. The foreign exchange earned from these exports amounted to $4.102 billion, doubling year-on-year. Engine exports brought in $665 million, up 27.06%, while auto parts and components generated $9.809 billion, reflecting a 33.16% growth.
Zhang Guobao, Deputy Director of the National Development and Reform Commission, emphasized that the trend of Chinese automotive products entering international markets is both necessary and feasible for the industry’s long-term development. However, with the surge in exports, challenges have also emerged, including intellectual property disputes and quality concerns. Reports from both domestic and international media highlight issues such as inadequate product preparation, poor quality control, and insufficient after-sales service, which have damaged the reputation of Chinese automobiles.
To address these issues, the industry must move beyond low-level profit-driven strategies and focus on improving product quality and customer service. Strengthening self-discipline is seen as a key step toward eliminating these bottlenecks and accelerating the internationalization of Chinese auto products.
The "Proposal" outlines six core principles, covering intellectual property protection, after-sales services, and ethical business practices. Over 29 major automotive and parts companies, including FAW, SAIC, GAC, Geely, and Weichai Power, have signed the initiative, signaling a unified effort across the industry.
Experts believe that this self-regulatory approach can serve as a powerful driver in transforming China’s auto exports from being large to truly strong. By fostering a culture of integrity, innovation, and global cooperation, Chinese automakers can better compete on the world stage.
Wu Yanfeng emphasized the importance of collaboration between companies and customers, aiming to shift from rough growth to sustainable development. Tan Xuguang highlighted the need for improved product quality, enhanced innovation, and stronger brand protection. Cheng Yugui of Great Wall Motors expressed confidence that the "Proposal" will guide exporters toward a more strategic and responsible approach.
In conclusion, while the initiative represents a positive step forward, the real challenge lies in translating it into long-term, effective action that supports the continued growth and global competitiveness of China’s automotive industry.