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China Daily | Updated: 2014-10-27 07:45

Editor's Note: The Global Automotive Forum 2014 held from Oct 16 to 17 in Wuhan, Hubei province, discussed the theme of transformation in China's automotive industry as leaders shared their insights on a series of topics.

China is the world's largest auto market yet Chinese brands and technology remain weak. Our traditional auto industry and businesses have to make up their mind because comprehensive transformation is the only way forward.

It is widely agreed that the transformation has entered a critical period and I am convinced that the auto industry will see changes that go beyond our imagination in the next five to 10 years.

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