China is planning to accelerate the development of smart connected vehicles. Minister of Industry and Information Technology Jin Zhuanglong emphasized the importance of technological innovation in driving industrial growth.
Leveraging its vast domestic market and diverse application scenarios, China aims to foster the evolution of industries like 5G networks and smart connected vehicles systematically.
Fu Bingfeng, executive vice-president of the China Association of Automobile Manufacturers, expressed optimism about the rapid adoption of autonomous vehicles in China, driven by strong consumer interest.
McKinsey & Co predicts that China will lead the global autonomous vehicle market, with revenues exceeding $500 billion by 2030, comprising sales and services revenue.
To support the growth of autonomous vehicles, China plans to introduce measures to optimize its legal framework and enhance vehicle-road coordination.
Cui Dongshu, secretary-general of the China Passenger Car Association, emphasized the need for balancing industrial innovation with safety, calling for efforts to address data security and privacy concerns.
The future of smart connected vehicles in China looks promising, with potential implications for the global automotive industry. The allocation of unique mobile network numbers to vehicles signifies a significant step towards realizing the vision of intelligent and interconnected vehicles.
Experts believe that this initiative will revolutionize the way vehicles communicate and operate, paving the way for a new era of transportation innovation.
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