On November 1, the Automobile Industry Outbound Model Innovation and Development Conference was held in Chengmai, Hainan. The theme was “Industrial Integration and Collaborative Overseas Travel”. Sun Xiaohong, former Secretary General of the Automobile Branch of the China Chamber of Commerce for Import and Export of Electromechanical Products, attended and gave a speech. Sun Xiaohong proposed that during the “15th Five-Year Plan” period, Chinese cars entered the 2.0 phase, and that the core goal was measured in six characters — “to stand still and be able to return.” “Standing on” means maintaining overseas markets developed during the “14th Five-Year Plan” period to avoid loss; “coming back” requires that overseas operating profits can return to the country, form a closed loop with domestic R&D investment, and support the continuous development of the industry. He stressed that the core of this stage is to shift from simply selling products to going overseas for the entire industry chain to achieve closed-loop management and return of value.

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