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At the 2026 Global Chinese Automobile Elite Federation Annual Meeting and the “China Embraces the World” Automobile Industry International Development Forum held from October 29 to 30, Zhao Fuquan, vice chairman of the Global Auto Elite Organization, lifetime honorary chairman of FISITA, and dean of the Tsinghua University Automobile Industry and Technology Strategy Research Institute, said that long-standing issues such as tariff barriers, geographical risks, lack of after-sales systems, and insufficient residual value management continue to be highlighted. The Southeast Asian market price war has come to an end. He emphasized that the core of globalization is to achieve global resource collaboration, cross-regional reuse of technology platforms, and the two-way return of regional profits and innovation. Car companies need to establish a new global management system with four layers of strategy, capacity, operation, and guarantee collaboration, and use “new joint ventures” as a key gripper to formulate differentiated strategies according to market barriers and local infrastructure, and complete the transformation from large-scale expansion to profitable and sustainable global management.
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At the 2026 Global Chinese Automobile Elite Federation Annual Meeting and the “China Embraces the World” Automobile Industry International Development Forum held from October 29 to 30, Zhao Fuquan, vice chairman of the Global Auto Elite Organization, lifetime honorary chairman of FISITA, and dean of the Tsinghua University Automobile Industry and Technology Strategy Research Institute, said that long-standing issues such as tariff barriers, geographical risks, lack of after-sales systems, and insufficient residual value management continue to be highlighted. The Southeast Asian market price war has come to an end. He emphasized that the core of globalization is to achieve global resource collaboration, cross-regional reuse of technology platforms, and the two-way return of regional profits and innovation. Car companies need to establish a new global management system with four layers of strategy, capacity, operation, and guarantee collaboration, and use “new joint ventures” as a key gripper to formulate differentiated strategies according to market barriers and local infrastructure, and complete the transformation from large-scale expansion to profitable and sustainable global management.
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