At the 2026 China Auto Forum on July 22, Fu Bingfeng, executive vice president and secretary‑general of the China Association of Automobile Manufacturers (CAAM), said the domestic auto market’s incremental growth is narrowing and the industry has entered a new phase of competition for existing market share. He said competition has intensified and firms should defend fundamentals, return to rational competition and pursue high‑quality, sustainable development. Fu flagged three policy and supply r

At the 2026 China Auto Forum on July 22, Fu Bingfeng, executive vice president and secretary‑general of the China Association of Automobile Manufacturers (CAAM), said the domestic auto market’s incremental growth is narrowing and the industry has entered a new phase of competition for existing market share. He said competition has intensified and firms should defend fundamentals, return to rational competition and pursue high‑quality, sustainable development. Fu flagged three policy and supply risks: governance and institutional mechanisms need urgent improvement to support sustainable industry development; the industrial and supply chains have gaps, including weak domestic control of core foundational technologies and high external dependence on upstream critical minerals; and globalization faces multiple challenges.