GAF to discuss future industrial trends

　　According to China Radio Network, although during the Gulf War, Hummer military vehicles once galloped on the desert; although on the movie Transformers, the “carman” taken Hummer H2 as the prototype enjoyed popular support; although news that Chinese companies were expected to buy the Hummer excited the SUV enthusiasts, after more than a year, this 30-year old SUV brand, had been in the commercial market for 18 years, ultimately shut down yesterday.

　　The close of Hummer can be said a landmark event to the global automotive industry entering the second 10 years of the 21st century. In this era of high oil prices, what is the future trend of the global auto market? The first Global Automotive Forum to be held on 16th this month in Chengdu city may give out an answer.

　　The theme of this Global Automotive Forum is “Shaping the future of an industry in transition”. Then, more than 500 of automotive OEMs, parts manufacturers, government officials, financial institutions, top executives and experts from the global auto and related industries will gather in to discuss important issues within the industry, making the forum a remarkable affair in the year of 2010.

　　Let’s connect now Mr. Chai Zhanxiang, Project Manager of the global automotive Forum and executive of China CCPIT Automotive Industry Committee, Mr. Chai Zhanxiang:

　　Moderator: previously, Western developed countries have been leading the automotive industry. But in recent years the Chinese auto market is surging constantly. Has the development create favorable conditions for the global automotive forum to be settled in China?

　　Chai: The China automotive market is a unique one. As the world’s largest car market, China is becoming a power can not be ignored. Therefore, the creation of such a platform in China to serve the world auto industry and to fill gaps and meet needs, is quite necessary.

　　CCPIT Automotive Industry Commission has the responsibility to promote international automobile trade. Under the theme of “Shaping the future of an industry in transition”, The Global Automotive Forum will discuss a number of industrial hot topics as well as the major challenges and opportunities the automobile industry facing in the post-crisis period. The activities such as global automotive forum such can make people think more and avoid detours.

　　Moderator: what kinds of hot topics will be discussed in the forum involved in the future development of the industry?

　　Chai: The subjects of forum are positioned strategically and cover many issues the industry is concerned about. From the feedback the Forum Organizing Committee received, the subjects are strongly supported. We have truly felt the rising of China and other emerging markets are significantly changing the whole pattern of world automobile market.

　　(Translator: Yalong/Jessie)