Fu Bingfeng, vice president and secretary general of the China Association of Automobile Manufacturers, said at the 2026 China Automobile Forum held today that it is necessary to improve industry rules under the governance framework, strengthen regulatory efficiency, consolidate rigid management measures, and speed up the construction of a modern industrial governance system adapted to the new situation. It is necessary to improve the industry governance system, create a fair competitive market development environment, optimize market entry and exit mechanisms, strictly control repeated construction and disorderly expansion, rely on mergers and restructuring to promote resource optimization, insist on strengthening competition supervision, and effectively safeguard fair competition in the market and the legitimate rights and interests of consumers.

Fu Bingfeng, vice president and secretary general of the China Association of Automobile Manufacturers, said at the 2026 China Automobile Forum held today that it is necessary to improve industry rules under the governance framework, strengthen regulatory efficiency, consolidate rigid management measures, and speed up the construction of a modern industrial governance system adapted to the new situation. It is necessary to improve the industry governance system, create a fair competitive market development environment, optimize market entry and exit mechanisms, strictly control repeated construction and disorderly expansion, rely on mergers and restructuring to promote resource optimization, insist on strengthening competition supervision, and effectively safeguard fair competition in the market and the legitimate rights and interests of consumers.