UK drawing Chinese pioneer of auto industry

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Gasgoo.com (Shanghai, July 7) - UK is drawing auto manufacturers’ investment by its open policy of auto market and accumulated power of research and manufacture of auto.

In the middle of June, LI Keqiang, premier of China, leads Chinese delegation to visit UK, which include 78 companies, more than 180 entrepreneurs, which cover manufacture, energy saving, energy building, green energy electricity, auto and aviation.

At present, auto production of UK is 2 million of cars per year, and figure for engine is about 2.5 millions. 80% UK made products are exported abroad, particularly to European countries. 25% auto manufacturers choose to set their bases in UK; such as BMW engine making is in UK.

UK attracts many international auto companies set their research and manufacture center in the country because of its open policy and power for research and manufacture. Part of Chinese delegation is the pioneer.

“Senior governors between China and UK provide a big platform for companies cooperation.” Chad Woodward, who is the officer of Ministry of Commerce of UK embassy, tells reporter that embassy of UK holds different themes all through a year to organize communication for entrepreneurs between the 2 countries. The theme for July is about how to apply technology for racing auto to normal vehicle.

Chad Woodward says “we believe that opportunity is open for everybody but first come first served. Therefore Chinese Auto Company shall find their market by their new technology and new consume advocate. If we look through the history, we will find many companies win out by risk taking and new market development. Siemens is one of the best examples of them. The Germany company invests into wind energy when it first enters UK market. Meanwhile, it builds good relationship with local government. We believe it is a good example for Chinese companies as well.”

We should not just wait for development of market itself, or wait other companies take first move. It is more difficult for later comer. BYD is leading others right now. The company wants to take the chance.

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