German media: Volkswagen CEO: China's state-owned economic model is a role model worth learning from for Germany
Volkswagen CEO Oliver Blume said in an interview with the German newspaper "Bild am Sonntag" that Germany can also learn a lot from China's development. He believes that "it is crucial to make quick decisions and develop specific implementation plans for each issue" regarding the current problems facing the German automotive industry.
Volkswagen CEO (CEO) Oliver Blume said that China's state-owned economic model is a role model worth learning from for Germany. In an interview with the German newspaper "Bild am Sonntag," he said, "The Chinese are very systematic in their planning. They have so-called five-year plans and also have very clear priorities."
"This is a highly optimized organizational structure. We experience a high level of discipline and execution in China, which enables them to implement various tasks effectively," he said. He added that it is worthwhile to learn from others' experiences. "It's worth looking at how other countries operate; we can also learn a lot from the development of this country," Blume said.
However, the EU believes that part of the success of China's automotive industry in Europe is due to state subsidies, which distort market competition. Therefore, the EU imposed import tariffs on Chinese electric vehicles in October 2024. In early 2026, the European Commission also proposed setting a minimum price for Chinese electric vehicles.
Regarding the "Automotive Summit" convened by Chancellor Scholz, Blume said, "What is now crucial is to make quick decisions and develop specific implementation plans for each issue." To achieve progress, there must be some form of measurement, "I sincerely hope we can speed up this process."
Source: DW
Original article: toutiao.com/article/1860376688345292/
Statement: This article represents the personal views of the author.