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Current Situation of China's Automobile Industry

Large market scale and improved technology level.

1, large market size: China is one of the world's largest automobile market, 2023 with the rapid development of the economy and people's living standards, automobile consumption demand continues to grow, the market size continues to expand.

2, the level of technology to improve: China's automotive industry in the technology continues to make breakthroughs, especially in the field of new energy vehicles, has a certain degree of independent intellectual property rights and core technologies, and gradually get rid of technical dependence.