The Beijing Auto Show, China’s largest auto exhibition, showcased an array of new electric vehicles (EVs) from both domestic and international automakers. The event highlighted China’s transition to an all-electric automotive market, with automakers unveiling 117 new models and 278 NEVs, aligning with the recent milestone of NEV sales surpassing 50% in China. Foreign automakers also announced plans to invest in local production and research to keep pace with the electric shift.
The 133rd Canton Fair witnessed a notable return of foreign importers, particularly in the new energy vehicle and smart mobility sectors. This surge indicates growing global demand for China’s cost-effective and innovative products. Exporters expressed positive sentiments, noting increased interest from overseas buyers compared to recent years. Despite challenges in traditional manufacturing sectors, China’s progress in advanced electronics and green products is attracting attention. The fair remains a barometer for China’s exports, highlighting its transition to higher-value industries.
