China Unveils Plan to Stabilize Auto Industry Growth

Tuesday, September 16, 2025

SAEDNEWS: State media reported that China unveiled a plan on Saturday to stabilize growth in its automotive sector amid a price war among competitors and export challenges.

China Unveils Plan to Stabilize Auto Industry Growth

China’s state news agency Xinhua reported that a new multi-ministry plan for 2025 and 2026 emphasizes cost control, price oversight, and the promotion of innovation and domestic demand. The plan, jointly announced by eight government ministries, aims to steer the nation’s automotive industry through a challenging period while supporting sustainable growth.

The projections indicate that total vehicle sales this year are expected to drop to around 32.3 million units, representing a modest growth of 3 percent. According to the China Association of Automobile Manufacturers, this is in line with the 4.5 percent growth registered in 2024. Beijing has invested heavily in recent years to support the development of China’s electric vehicle sector.

Published on Saturday, the plan forecasts a 20 percent increase in new energy vehicle (NEV) sales for 2025, reaching 15.5 million units. However, fierce price competition—driven by companies flooding the domestic market with low-cost vehicles and trade-in incentives—has forced many startups into bankruptcy.

In a July meeting, Chinese officials called for an end to irrational competition and urged a focus on healthier, sustainable development. China’s export market has also faced setbacks, impacted by the European Union’s 2023 investigations into unfair competition in the country’s automotive sector.

Adding to tensions, AFP reported that Mexico proposed this week to raise tariffs on Chinese vehicle imports from the planned 15-20 percent to a staggering 50 percent—sparking anger in Beijing.



Latest news  
Where to Travel in Iran in Autumn? | The Complete Guide to the Best Fall Destinations in Iran Exploring the Rich Variety of Turkish Musical Instruments ✅ Discovering the Timpani: An Introduction to the Instrument Instant Relief for Leg Cramps in Traditional Medicine: From Healing Massages to Soothing Herbal Teas Homemade Hibiscus Hair Mask: Achieve Shiny, Healthy Hair with an All-Natural Recipe Restaurant-Style Teriyaki Chicken with Homemade Special Sauce + Step-by-Step Video Tutorial How to Make Plum Jam: Irresistibly Vibrant and Delicious—You Only Need to Try It Once! How to Make Creamy Wheat Halim with Heavenly Flavor You’ll Lick Your Fingers For + Video Sky Corridor: An Architectural Engineering Marvel – A Suspended Glass Bridge with Stunning Waterfall Views. Want to experience the most breathtaking high-altitude thrill? +Video Masterful Innovation at the Shanghai Auto Show: Chery’s Newest Ultra-Luxury, Fully Equipped Model – Live Your Dream with This Car! +Video Israeli Army: The fighting continues, and no ceasefire has been declared—for now. Step into the Qajar Era: Parade at ‘Naqsh-e Jahan’ and Naser al-Din Shah’s Grand Development Projects! Amazing Discovery: A 1,000-Year-Old Treasure Unearthed by a Lucky Family in Their Backyard + Photos Amazing Discovery of a Cave Full of Antiques and Valuable Treasures in Iran – Seeing Them Will Blow Your Mind! +Photos A 20-Year-Old Girl with a Rare Condition Who Has No Bones in Her Body! + Astonishing Photos