1、 by FEV all rights reserved.Confidential no passing on to third parties ACHINESE AUTOMOBILE MARKETANNUAL REPORT 2023FEV Consulting(China),FEV GroupBeijing,Shanghai,Chongqing2025 Annual industry report2025 China automotive industryanalysis report by FEV all rights reserved.Confidential no passing on
2、to third parties AMACRO BACKGROUNDAUTOMOTIVE MARKET PERFORMANCEINDUSTRY INSIGHTSSUMMARYAGENDA2 by FEV all rights reserved.Confidential no passing on to third parties AMACRO BACKGROUND MACROECONOMICS AND SITUATION CHINESE POLICIES AND REGULATIONSAGENDA3 by FEV all rights reserved.Confidential no pass
3、ing on to third parties A1)Industrial enterprises with annual main business income over 20 million CNY;2)Value of goods and services after removing the effects of inflationSource:National Bureau of Statistics(NBS);FEV4In 2025,facing complex changes in Chinas and global economic conditions,the nation
4、al economy advanced under pressure,shifted toward innovation and quality,and achieved new progress in high-quality development,with all major economic and social targets fully metAccording to annual data released by the National Bureau of Statistics,GDP for the year reached 1,401,879 CNY 100m,up 5.0
5、%YoY 2025140 trillionCNY2025 annualGDPLarge-scale industries1)grew by 5.9%YOY,Manufacturing value-add grew by 6.4%YoYGDP up1619222732364250556070768594101104117123129135140051015050100150200420052006200720082009201020112012201320142015201620172018201920202021202220232024202566Total GDP(trillion CNY)
6、Growth rate(%)Chinas GDP trends 2004-2025Key figures 20255.0%GDP upat constant price2)from 2024 by FEV all rights reserved.Confidential no passing on to third parties A In 2025,weakening unipolarity and accelerating multipolarity kept geopolitical risks elevated amid sustained regional conflicts and