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China making headway in intelligent connected vehicle development

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China making headway in intelligent connected vehicle development

2024-10-17 22:28 Last Updated At:23:07

China has made significant advancements in the development of intelligent connected vehicles, according to expert at the 2024 World Intelligent Connected Vehicles (ICV) Conference.

At the opening ceremony of the conference on Thursday, Minister of Industry and Information Technology Jin Zhuanglong said that China has established a complete ICV industrial system covering foundational chips, sensors, computing platforms, chassis control and internet-based cloud control.

He said that China's technologies like human-machine interaction are in a leading position globally, while breakthroughs in steer-by-wire and active suspension systems are gathering pace.

"Infrastructure development is speeding up. Over 50 cities nationwide are conducting road testing demonstrations for ICVs, with 32,000 kilometers of testing roads opened and approximately 10,000 kilometers of roads undergoing intelligent upgrades, along with the installation of over 8,700 roadside units," said Jin.

He also emphasized that China has nurtured nearly 400 "little giant" enterprises that apply special and sophisticated technologies to produce unique and novel products in the ICV sector, with five lidar companies ranking in the global top 10.

Furthermore, international cooperation continues to deepen, as China has cooperated with Europe, Japan, and the United States to develop multiple regulations for autonomous driving, he said.

Jin said that advancements in computing power, big data and large models are expected to lead to significant breakthroughs in advanced autonomous driving technology, ushering in a new development stage for ICVs.

Jin outlined four areas to promote the industry's new development. First, in integrated innovation, the country will focus on next-generation electronic and electrical architecture, high-performance chips, domain controllers and super-intelligent systems to foster integration among vehicles, smart grids, intelligent transportation and smart cities.

Second, China will expand application scenarios with pilot projects for integrated vehicle-road-cloud computing applications in logistics, public transport, taxis and environmental sanitation, he said.

"Third, we will improve standards and regulations, revising traffic safety and insurance laws, establishing and improving a regulatory framework for high-level autonomous driving and accelerating the formulation of standards for functional safety, cybersecurity, and data security," he said.

Jin said that within the framework of the International Organization for Standardization, China will also strengthen cooperation on standards and regulations with various countries, and explore policies to facilitate cross-border data flow.

China making headway in intelligent connected vehicle development

China making headway in intelligent connected vehicle development

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China to improve economic, trade cooperation with Vietnam: commerce ministry

2024-10-17 22:11 Last Updated At:22:37

China will build on trade agreements and industrial parks to enhance economic and trade cooperation with Vietnam, a spokesperson for China's Ministry of Commerce said on Thursday.

Spokesman He Yadong emphasized at a press conference that China is Vietnam's largest trade partner, while Vietnam is China's largest trade partner among the ASEAN nations. The annual trade volume between the two sides has exceeded 200 billion U.S. dollars for three consecutive years.

From January to September 2024, trade volume between the two countries reached 190.38 billion U.S. dollars, up 17.6 percent year on year.

Vietnam is an important overseas investment destination for China. In the first eight months, direct investment by Chinese enterprises in Vietnam totaled 1.97 billion U.S. dollars, maintaining rapid growth.

Efforts will be made to both explore and pilot the establishment of cross-border economic cooperation zones, expanding cooperation in emerging fields such as information technology, new energy and digital economy, the spokesperson said.

Enterprises from the two countries will be supported to make full use of platforms like the China International Import Expo, the China Import and Export Fair and the China-ASEAN Expo to expand trade of agricultural and aquatic products as well as manufactured industrial products, He said.

Measures will also be taken to deepen cooperation related to supply chains and regional economic integration, He added.

"[We] support both sides in enhancing cooperation in industrial parks and between regions, promoting the integrated development of industries, deepening mutual integration of supply and demand, and building stable and smooth cross-border industrial and supply chains. We also support the entrepreneurs of the two countries in making full use of multilateral and bilateral economic and trade cooperation agreements and policy dividends such as the Regional Comprehensive Economic Partnership and the China-ASEAN Free Trade Area 3.0, in order to make a greater contribution to regional development and prosperity," he said.

China to improve economic, trade cooperation with Vietnam: commerce ministry

China to improve economic, trade cooperation with Vietnam: commerce ministry

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