Car keywords in the 19th report

On the morning of October 18th, General Secretary Xi Jinping made a report at the opening meeting of the 19th National Congress of the Chinese Communist Party. The newspaper reviewed the content of the report relating to the automotive industry for readers.

High quality development

Content of the report: China's economy has shifted from a high-speed growth stage to a high-quality development stage. It is now in the period of changing the development mode, optimizing the economic structure, and transforming the growth momentum. The construction of a modern economic system is an urgent requirement to cross the juncture and a strategic goal for China's development. .

Interpretation: For the 8th consecutive year, the world’s new car production and sales volume will be the first, and China has become a real automobile power. From a big automobile country to a powerful automobile country, we must take the road of high quality development.

Supply side reform

Content of the report: To build a modern economic system, we must focus our efforts on the development of the economy in the real economy. We should regard improving the quality of the supply system as the main direction of attack and significantly increase China's economic quality advantage.

Interpretation: The structural overcapacity in China's auto industry has already emerged, and clean energy vehicles still cannot fully meet the market demand in technology and products, and continuous supply-side reforms are imperative.

Manufacturing Power

Content of the report: Accelerate the construction of manufacturing powers, speed up the development of advanced manufacturing, and promote the deep integration of the Internet, big data, artificial intelligence, and the real economy.

Interpretation: Building a strong manufacturing country must build a strong automobile country. The integration of the Internet, big data, artificial intelligence, and the automotive industry will provide historical opportunities for a powerful automobile country.

Sharing economy

Report Content: Foster new growth points and create new momentum in the areas of high-end consumption, innovation and leadership, green and low-carbon, shared economy, modern supply chain, and human capital services.

Interpretation: From carpooling to C2C car rental to time-share leasing, the sharing economy is booming in the automotive sector, and cars are becoming important promoters of mutual assistance, harmonious society, and green transportation.

Entrepreneurship

Content of the report: Inspire and protect entrepreneurship and encourage more social actors to join in innovation and entrepreneurship.

Interpretation: At present, the auto industry has become more competitive and internationalized. It is imperative that excellent entrepreneurs play a leading role in promoting the transformation and upgrading of industries and seizing a new round of reforms.

Innovation leads

Report Content: Innovation is the primary driving force for development and strategic support for the construction of a modern economic system. We must aim at the forefront of science and technology in the world, strengthen basic research, and achieve major breakthroughs in forward-looking basic research and leading original results.

Interpretation: Automobiles are in the midst of a new wave of technological revolution and industrial development. New energy vehicles and intelligent network-linked vehicles all need to lead innovation through innovation through policy support.

Strong traffic country

Contents of the report: Strengthening basic research in application, expanding and implementing major national science and technology projects, highlighting key common technologies, cutting-edge leading technologies, modern engineering technologies, and disruptive technological innovations to build a strong country with strong science and technology, a strong country with strong aerospace, a strong aerospace power, and a strong traffic country. Digital China and smart society provide strong support.

Interpretation: Transitioning from a major transport country to a more powerful country will be a lasting and disruptive revolution. Intelligent transportation and smart cars will play an important role.

talent development

Content of the report: Cultivate a large number of strategic technology talents, science and technology leaders, young scientists and high-level innovation teams with international standards.

Interpretation: In the final analysis, the industry's competition is the competition of talents. If we want to grab the leading position in the new round of industrial revolution competition, we must vigorously cultivate local talents and attract global talents for my own use.

Rural Revitalization

Content of the report: The problem of agriculture and rural peasants is a fundamental issue related to the national economy and the people's livelihood. The issue of solving the "three rural issues" must always be the top priority of the work of the whole Party.

Interpretation: The current automobile is entering every ordinary Chinese home. The automobile industry will play an important role in the development of the rural industry and the affluence of life. The rural market has broad prospects and the automobile will have a bright future.

State-owned enterprise reform

Content of the report: Deepen the reform of state-owned enterprises, develop a mixed-ownership economy, and cultivate world-class companies with global competitiveness.

Interpretation: The reforms of state-owned auto companies such as FAW and Dongfeng have become more real, and they have entered the deep-water zone and are in a critical position. They are expected to benefit from reforms and look forward to auto state-owned enterprises taking up the responsibility of building a powerful automobile country.

Fully open

Report Content: Openness brings progress, and closure is bound to lag behind. The door to China's opening will not be closed, it will only grow bigger and bigger.

Interpretation: Fully open, the general trend. In this context, for the automotive industry, joint venture stocks seem to be closer than the days of liberalization.

One Belt One Road

Content of the report: It is necessary to focus on the construction of the “Belt and Road Initiative,” insisting on “importing” and “going out”, paying attention to the principle of common development, sharing, building and sharing, and strengthening innovation and opening cooperation, so as to form a linkage between domestic and foreign land and sea, and mutual cooperation between east and west. Open pattern.

Interpretation: “One Belt and One Road” is conducive to the “going out” of Chinese auto companies. At the same time, this is another responsibility. The auto industry should do strong support for national strategies.

ECO development

Content of the report: Accelerate the establishment of a legal system and policy orientation for green production and consumption, establish and improve an economic system with green and low carbon cycle development.

Interpretation: From air pollution prevention and control to green and low-carbon travel, high demands have been placed on the automotive industry. The promotion of fuel vehicle countries and the promotion of clean energy vehicles are urgently needed.