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After the outbreak of the global financial crisis, the commercial vehicle industry suddenly slowed down after creating historical production and sales highs, and the adverse consequences caused by the problems accumulated over the years also appeared one by one. Wang Xia, Chairman of the China Council for the Promotion of International Trade Automobile Industry, believes that "As the upward pressure on China's economy has increased, the development of the special-purpose vehicle industry has encountered temporary difficulties. When extensive economic growth approaches must be changed, the structure must be changed. Adjustment tasks are urgent and industrial upgrading is imperative."
Different from the rapid recovery of investment in the past and the special-purpose vehicle industry relying on investment and economic stimulus policies, the industry has experienced large declines and long periods of time. Wang Xia said: "The government-led large-scale economic stimulus policy is gradually lagging behind. The stimulus and driving policies will be mainly local and microscopic. The central government has slowed down the pace of development and has a firm determination to carry out transformation and upgrading."
In a few short years, many areas in China have dedicated car parks, bases, clusters, and industrial agglomerations. The special car industry has experienced structural overcapacity caused by blind investment. Wang Xia pointed out that “adjusting the industrial structure and realizing the transformation and upgrading will undoubtedly be the most effective carrier and starting point for the new project. The problem is how to judge and evaluate this project. The local government must have a scientific assessment system, and it cannot blindly In order to attract investment and attract investment."
Facts have proved that high-speed development based on large consumption of resources and cheap labor is not sustainable, but after each economic slide into the bottom, industrial development will also face new opportunities for development. Wang Xia stated that “the current situation of a serious shortage of industrial upgrading power tells us that only by relying on innovation to drive development can we gain inexhaustible impetus to development. Solving the problems of 'big but not strong', subject to human beings, hollowing out core technologies, etc., have plagued China’s auto industry for many years. Diarrhea."
In order to meet the new market needs in the new situation, special-purpose vehicle companies need to develop marketable product varieties and apply the most advanced technologies in order to open the market "Blue Ocean." Wang Xia suggested that “special vehicle products will create new value for users by combining new technology trends such as lightweight technologies, new energy technologies, intelligent technologies, and car networking technologies, thereby opening up new profit opportunities.â€