AutoindustryinsidershighlightinterdependencebetweenChina,Europe_GuangmingOnlineMUNICH,Germany,April25(Xinhua)--TheinterdependencebetweenChinaandEuropeanautomakersplaysacrucialroleastheindustrygearsuptotransitiontowardssustainablemobility,industryinsidersfromthetwosidessaidhereonThursday.Approximately120governmentofficials,researchers,andexecutivesfromtheautoindustryinChinaandEuropegatheredatthe2024China-EuropeAutomobilesIndustryDevelopmentForuminMunichtodiscussthelatestdevelopmentandtheindustry'sgreentransition.ChineseconsulgeneralinMunichTongDefanotedthatgiventhenew-energyindustryisstillinitsearlystage,thecurrentaggregatecapacityfallsshortofmeetingthegrowingdemandfornew-energyproducts.HighlightingthegrowthofthenewenergyindustryinChina,TongextendedwelcometoforeigncompaniestoparticipateinChina'stechnologicaladvancementsandfostercollaborationforclimateactionandgreentransformation.LuMei,generalmanagerofChinaAutomotiveTechnologyandResearchCenterCo.,Ltd.(CATARC),notedover40yearsofcooperationbetweenChinaandEuropeintheautoindustry,highlightingEuropeanautomakers'activeinvolvementinChina'sautosector.LustressedthecomplementarynatureoftheautoindustriesinChinaandEurope,highlightingmutualbenefitsandalong-standinginterdependence.MarcusBollig,managingdirectoroftheproductsandvaluecreationdivisionatGermany'scarassociationVDA,pointedoutChina'ssignificanceasanimportantmarketandaninnovationhubforGermanautomakers.EmphasizingVDA'sadvocacyforopenmarketsandfaircompetition,BolligstressedtheroleofChinese-Europeaninterdependenceinsteeringtheautomotiveindustrytowardsustainablemobility.TheforumwassponsoredbyChineseAutomakersInternationalDevelopmentandInnovationAlliance,whichhasover200membersincludingoriginalequipmentmanufacturers,partsandcomponentssuppliers,researchinstitutes,logisticscompaniesandfinancialserviceproviders.Editor:DisclaimerTheviewsandopinionsexpressedinthisarticlearethoseoftheauthor's,GMW.cnmakesnorepresentationsastoaccuracy,suitability,orvalidityofanyinformationonthissiteandwillnotbeliableforanyerrors,omissions,ordelaysinthisinformation.