--- title: "Former Vice Minister of Commerce Chen Jian: The automotive industry's core technology innovation is insufficient, but the research and development of new energy vehicles is refreshing" description: "Former Vice Minister of Commerce Chen Jian pointed out at the 2025 China Automobile Chongqing Forum that the automotive industry faces issues such as insufficient core technology innovation and weak i" type: "news" locale: "en" url: "https://longbridge.com/en/news/243365900.md" published_at: "2025-06-06T02:08:09.000Z" --- # Former Vice Minister of Commerce Chen Jian: The automotive industry's core technology innovation is insufficient, but the research and development of new energy vehicles is refreshing > Former Vice Minister of Commerce Chen Jian pointed out at the 2025 China Automobile Chongqing Forum that the automotive industry faces issues such as insufficient core technology innovation and weak independent research and development capabilities, but the research and development performance of new energy vehicles is outstanding. He mentioned pain points such as insufficient industry concentration, backward production capacity, and conflicts between transportation and environmental protection, and emphasized that industrial policies should ensure fairness and not rely solely on subsidies. He also mentioned the harm of involution-style competition to the industry and called for joint development within the industry The 2025 China Automobile Chongqing Forum will be held on June 6-7. At the opening ceremony, Chen Jian, a specially invited expert from the National Committee of the Chinese People's Political Consultative Conference and former Vice Minister of Commerce, delivered a speech. He pointed out that there are still several issues in the current automobile industry: insufficient core technology innovation, weak independent research and development capabilities, but the research and development of new energy vehicles is refreshing; insufficient industry concentration, with backward production capacity; contradictions between transportation, environmental protection, and energy development, with pain points still existing in automobile production, sales, and service; how to ensure fairness in industrial development policies cannot rely solely on subsidies. In addition, he also mentioned the topic of involution competition, believing that it is very harmful to the industry. "Do not engage in involution competition; we should form a joint force for common development," he said ### Related Stocks - [20030.HK - Environment Protection](https://longbridge.com/en/quote/20030.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Motor racing-Aston Martin have a lot of work to do, says Stroll | Aston Martin's Lance Stroll expressed concerns about the team's performance in Formula One testing, stating they are sig | [Link](https://longbridge.com/en/news/275919917.md) | | Execution Risks Mount as Crocs Bets Heavily on HEYDUDE Integration and Concentrated Manufacturing Base | Crocs (CROX) faces heightened execution risks as it integrates HEYDUDE, acquired in 2022. The company's future growth de | [Link](https://longbridge.com/en/news/275971905.md) | | Highly Short Stock Crocs Soars After Strong Holiday Quarter | Crocs, Inc. (NASDAQ:CROX) stock surged 14.23% to $94.50 after a strong Q4 earnings report, beating expectations with adj | [Link](https://longbridge.com/en/news/275766749.md) | | US Cash Grains-Soybean bids steady to lower as futures fall | Soybean bids in the U.S. Midwest were steady to lower as futures declined, with basis values dropping at some facilities | [Link](https://longbridge.com/en/news/275936037.md) | | EU wheat eases after hitting one-week high | Euronext wheat prices eased after reaching one-week highs, with May milling wheat down 0.4% at 191.50 euros per metric t | [Link](https://longbridge.com/en/news/275931252.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.