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[Chairman of the German Automobile Industry Association: The complementary advantages of the global value chain are conducive to innovation in the automotive industry] On October 21, at the 2026 World Intelligent Connected Vehicles Conference, Muxia, Chairman of the German Automobile Industry Association, said that the development of the automotive industry is based on the global value chain. R&D, engineering, production, and sales span multiple countries. Manufacturers and suppliers rely on more professional technologies, materials, and parts from all over the world. Open trade can make these advantages complementary, while trade barriers and market segmentation will increase costs, disrupt supply chains, and weaken industrial competitiveness. Open markets must complement fair competition. Competition is indispensable. It will promote innovation, improve quality, and encourage companies to develop and provide better products for customers. Industrial innovation, technological cooperation and open markets are closely linked. Innovation requires more industrial power, and technological progress also requires common standards. Interconnected communication mechanisms can better integrate these elements.
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