
一 | (ECNS) -- China's auto exports are expected to surpass 10 million units this year, industry insiders said recently at the 2026 Global New Energy Vehicle Cooperation and Development Forum (GNEV2026). Jiang Yaoping, vice minister of Commerce of China, said reaching the 10-million-unit export milestone would represent a historic leap for the country's auto industry. Data from the General Administration of Customs showed that China exported 6.399 million vehicles during January-July 2026, up 53.7% year on year, setting a new record. Chinese brands are receiving unprecedented attention globally, an industry expert said, noting that Chinese automakers have performed well in major markets. In Europe, for example, their monthly market share has exceeded 11%. However, Chinese automakers face an overlooked obstacle as they expand overseas. There are concerns in some destination markets that Chinese companies could displace local manufacturers and squeeze domestic supply chains. An executive at a multinational auto parts company told a CB.COM reporter that localization should go beyond simply hiring local workers and sourcing components locally. Instead, he said that Chinese companies should strengthen the capabilities of local industries, enabling them to build more competitive industrial ecosystems. He added that partnering with or acquiring existing production capacity is a more practical and efficient way for Chinese automakers to achieve localized production. Experts said China's auto industry should shift from "passively integrating into global markets" to "actively developing a global presence," while upgrading local industries. Chinese automakers, they said, should bring the advanced capabilities they have developed in manufacturing, technology and management to overseas markets, while encouraging Chinese auto parts suppliers to expand abroad alongside them. (By Gong Weiwei)
。 “We completely disagree with Jeff Bezos. We will continue to call on everyone along that distribution chain, as I just mentioned, from oil companies to refineries to distribute distributors to retailers to pass their local lower cost through to consumers,” Jean-Pierre said during a press briefing on Tuesday.,On Saturday, US President Joe Biden said that at a time of war and global peril companies running gasoline stations should bring down the prices to reflect the cost citizens are paying for the product.,Bezos responded later that day, saying that inflation is far too important a problem for the White House to keep making statements like this and it is either straight ahead misdirection or a deep misunderstanding of basic market dynamics.,Jeff Bezos Claims Biden ‘Misunderstands’ Market Dynamics With Gas Price Reduction Call3 July, 17:58 GMT,White House spokesperson Karine Jean-Pierre responded by saying that oil prices have dropped by about $15 over the past month, while prices at the gasoline stations have barely come down, which is not basic market dynamic but is a market that is failing the US consumer.,As of Tuesday, the national average price for gasoline in the United States was $4.8 per gallon, according to the American Automobile Association. At the same time, car drivers in the West Coast states (California, Oregon, Washington) are seeing the highest prices at the pump that reach $7 per gallon.。
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