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ChinaTalk with Dominik Declercq (Association des Constructeurs Européens d'Automobiles)

The automotive industry in China has been the world's largest automotive market for nine consecutive years, and now holds one third of global vehicle sales. Chinese companies own 50 percent of the domestic market share and are also gradually building their international presence. With the green revolution, the country is the top producer and consumer of electric cars. All this makes China one of the most interesting and demanding markets for international carmakers. Dominik Declercq, Chief Representative of the European Automobile Manufacturers Association (ACEA) in China, guided us through the current situation, focusing on the market structure, geography of production, and the outlook for European Foreign Direct Investments (FDI) and EU companies operating in the country. He discussed the influence of green policies on the automotive sector and looked at how technological advancements, such as Neighborhood Electric Vehicles (NEV), autonomous cars and battery production, have been changing the industry. We also discussed microchip shortages, global political shifts, and other challenges that impact the operations of EU car manufacturers in China. The meeting was hosted by Associate Professor Marcin Jacoby, Department of Asian Studies at SWPS University at SWPS University, and Zbigniew Niesiobędzki, Ph.D., President of the Polish-Chinese Business Council – a partner of the ChinaTalk series. About „ChinaTalk” series - ChinaTalk is a series of interviews with leading global experts on China and East Asia, produced jointly by the Polish Chinese Business Council (PCBC) and SWPS University. Interviews are hosted by PCBC President, Mr. Zbigniew Niesiobędzki, and Professor Marcin Jacoby, Head of the Department of Asian Studies at SWPS University. ChinaTalk brings you the latest knowledge on the economy, social issues, management, and politics of China and East Asia. Our guest interpret the current developments and trends in the Chinese economy, and predict global, regional and bilateral outcomes of political decisions. Chinese relations with the European Union, and Poland in particular, constitute an important context of these discussions. The expert insights provide valuable input for business practitioners, analysts, as well as researchers and students interested in macroeconomics and global trade. For more ChinaTalk materials visit: https://www.swps.pl/strefa-zarzadzania/chinatalk