Last week, Bi Ruide, chairman and general manager of Volkswagen AG, and Wagner, chairman and chief executive officer of General Motors of the United States, received interviews from this reporter. They all believe that the Chinese auto market will continue to grow rapidly in the next few years.
Dr. Bi Ruide once said earlier this year that foreign media reported that he had said that he "was wary of the overheating of China's auto market," causing confusion among Chinese authorities. Therefore, in the face of Chinese reporters in Shanghai this time, he particularly emphasized that there is no doubt about the rapid development of the Chinese auto market and that this trend will continue for the next few years. He said that my worry is that the excessive growth of production capacity may bring risks. Although Volkswagen’s two joint ventures in China are implementing plans to expand production capacity, this plan is based on a full understanding of the Chinese market and there will be no risk. He said that the people in China are implementing sustainable, long-term development policies, rather than short-term behavior.
When Wagner responded to the question of how to treat the "overheating of China's auto industry," he said in concrete terms, first of all, it is necessary to see the current strong demand in the Chinese auto market, which is directly related to the fact that China's economy has maintained a good momentum. After the SARS outbreak this year, some people analyzed that China's economy will be greatly affected, but China has a strong government. They have implemented strong controls and quickly restored the economy to a fast-growing track. " SARS did not block it.
"Of course, we must clearly recognize the risks that may arise in the market and prepare for them." However, "the short-term and medium-term will remain strong." "In the long run, we are highly optimistic and optimistic about the Chinese market."
In 2000, Wagner told reporters in Beijing that China will reach annual sales in the United States within 10 to 15 years. In this interview, the reporter asked him to make another judgment on this prediction. Wagner said humorously: “At that time, the forecast was optimistic, but today we believe that China will become the world’s second largest market two to three years ahead of schedule.â€