Looking back at the 20 years since China's accession to the WTO: opening up, integration, and leadership

In the 20 years since China's accession to the WTO, the development of China's auto market can basically be divided into two decades and three periods.

"Here comes the wolf."

Twenty years ago today, on December 11, 2001, China officially joined the World Trade Organization (WTO) and became the 143rd member state.

The other two major events in China that year were the successful Olympic bid and the national football team qualified for the World Cup for the first time.

These are the three great things that make every Chinese proud.

Remember the Chinese auto market this year?

This year, China's automobile sales reached 2.3637 million units, an increase of 13.29% year-on-year.

This year, there is no concept of new energy vehicles.

This year, car sales were 721,500 units, lower than truck and bus sales, accounting for only 30% of the overall car sales. There is no SUV concept, the MPV market Buick GL8 "one car alone".

This year, North and South Volkswagen occupied half of the car market.

This year, the "old three" Santana, Jetta, and Fukang dominated the car market.

This year, Buick Saiou's "100,000 yuan family car" became the biggest dark horse in the market.

This year, Peugeot announced its return to the Chinese market.

This year, Geely finally got the car-making qualification.

This year, Chery was also called "SAIC Chery" and realized overseas exports for the first time.

In this year, Ford and Changan jointly established Changan Ford.

This year, the Outline of the Tenth Five-Year Plan for National Economic and Social Development proposed: "We must broaden the field of consumption and encourage cars to enter the family." "This is the first time in a Chinese legal document that such a policy as the entry of a car into the home has been clarified."

This year, BYD has not yet begun to build cars.

This year, BMW announced that it would establish a joint venture with Brilliance Group.

In this year, Daimler officially established Daimler Greater China Investment Co., Ltd. in Beijing.

This year, Porsche officially entered the Chinese market.

This year, there were only six mainstream Sino-foreign joint ventures in the vehicle: Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM, DPCA, Guangzhou Honda and Beijing Jeep. There are still many Sino-foreign joint ventures that have not yet been established, and many multinational car companies have not even officially entered the Chinese market.

This year, there were only two forces: traditional multinational car companies and traditional Chinese car companies.

This year, multinational brands are the leaders, and Chinese brands are the catch-ups.

Fast forward 20 years.

In 2021, China's auto sales are expected to exceed 26 million units, an increase of about 3% year-on-year.

In 2021, sales of new energy vehicles are expected to reach 3.5 million units, an increase of about 156% year-on-year, accounting for more than 13% of the overall sales of automobiles.

In 2021, passenger car sales are expected to exceed 21 million units, up about 7% year-on-year.

In 2021, Volkswagen's market share is only one-third of what it was 20 years ago.

In 2021, the three major "Wei Xiaoli" of new car-making forces will lead the intelligent electric vehicle market.

In 2021, Wuling Hongguang MINIEV will become a must-have in the new energy vehicle market.

In 2021, stellantis group is also preparing a new China market strategy, trying to revive.

By 2021, Geely has become a vast multi-brand, global automotive, technology and mobility empire.

In 2021, Chery's global cumulative users will be close to 10 million, and overseas users will be close to 2 million.

In 2021, Ford's 2.0 strategy has entered a critical period, and EVOS, Lincoln Z, and Mustang Mach-E are ready to go.

In 2021, new energy vehicles have shifted from policy-driven to market-driven.

In 2021, BYD will become the leader in the new energy vehicle market, and the overall sales volume will be almost completely energyized.

In 2021, BMW has taken a controlling stake in BMW Brilliance, once again leading the luxury car market.

In 2021, Mercedes-Benz domestic models account for three-quarters of sales in China, and Daimler trucks will soon be domestically produced.

In 2021, Porsche hit 100,000 units sold in China, making China the largest single market for the seventh consecutive year.

In 2021, almost all multinational car companies will set up joint ventures, foreign holdings or even wholly-owned enterprises in China. Several multinational brands such as Fiat, Suzuki, Renault, Mazda, etc. have withdrawn some of their joint ventures or completely withdrawn from the Chinese market.

In 2021, there are four forces: traditional multinational car companies, traditional Chinese car companies, new car manufacturers and new car manufacturers (Jidu, Xiaomi).

In 2021, in the field of new energy vehicles, Chinese brands are the leaders, and multinational brands are catch-ups.

China's car sales in 2001 were less than the current month's car sales, and even lower than the sales of new energy vehicles in 2021.

In the 20 years since China's accession to the WTO, the development of China's auto market can basically be divided into two decades and three periods:

Two decades: from the 2001 WTO accession to the 2009-2010 "ten cities and a thousand vehicles" new energy vehicle demonstration and application launch, the first decade of two "blowouts" in automobile sales, and the second decade of the cultivation and final outbreak of the new energy vehicle market.

Three periods: from the gradual opening up to the outside world after china's accession to the WTO, to the catch-up of Chinese forces and the integration of various forces, and finally to the "four modernizations" and business model innovation of global automobiles led by Chinese forces.

What will be the situation of China's auto market in 2031, 30 years after china's accession to the WTO?

Looking forward to it.