Eight departments issued the "Automobile Industry Stabilization and Growth Work Plan": Improve policy and factor support to boost foreign investment confidence in the automobile industry

The Ministry of Industry and Information Technology and eight other departments issued the "Work Plan for Stable Growth in the Automotive Industry," which proposes to deepen multi-level cooperation between China and foreign countries. It emphasizes deep participation in the United Nations World Forum for Vehicle Regulations, leading the drafting of more international standards and regulations in areas such as automobiles, power batteries, and autonomous driving systems, and enhancing the influence of international standards and regulations. It aims to accelerate the formulation of carbon footprint standards for new energy vehicles and power batteries, promoting international mutual recognition of accounting methods and results. High-level events such as the World Intelligent Connected Vehicles Conference and "Diplomats in China’s Automotive Industry" will be held to strengthen international exchanges and cooperation. The plan implements the "2025 Action Plan for Stabilizing Foreign Investment," improving policy and factor support to boost foreign investment confidence in the automotive industry