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GM China confirms JVs to keep building Chevrolets, pushes back market retreat speculation_我的网站

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A | 　　呼和浩特8月25日电 (记者刘文华)呼和浩特市促进科技创新与产业创新深度融合大会25日召开。会上印发的相关措施提出，以2025年市本级财政科技投入为基数，2026年翻一番，2027年再翻一番。

Workers assemble a new-energy vehicle at a manufacturing plant in Shijiazhuang, North China's Hebei Province, on December 24, 2025. From January to November this year, China's automobile production reached 31.231 million units, up 11.9 percent year-on-year, and sales reached 31.127 million units, up 11.4 percent year-on-year, according to official data. Photo: VCG

Workers assemble a new-energy vehicle at a manufacturing plant in Shijiazhuang, North China's Hebei Province, on December 24, 2025. Photo: VCG
The joint ventures (JVs) of General Motors (GM) will continue to build Chevrolet products in China and explore opportunities in non-US overseas markets, General Motors China confirmed to the Global Times on Monday, in response to media reports claiming that the US brand is ending new car sales in China and retreating from the Chinese market.
"We believe that Cadillac and Buick are well positioned to compete in the segments we are targeting in China to support sustainable growth, while our JVs' Chevrolet portfolio is best positioned for our export markets," GM China said.
"We continue to stand by our existing 7 million-plus Chevrolet customers in China with aftersales support," it said.
Zhang Xiang, secretary-general of the International Intelligent Vehicle Engineering Association, told the Global Times on Monday that Chevrolet's business adjustment in China may be out of a combination of factors including the rapid development of new energy vehicles (NEVs) in the market and the complete auto industrial chains that empower auto production.
"Chevrolet has long been anchored in fuel-powered vehicles. As China's NEV penetration rate deepens, the domestic fuel-car segment keeps shrinking. On the other side, many US automakers have fallen well behind their Chinese rivals on electrification and smart-driving technology. Against this backdrop, some foreign carmakers are proactively reshaping their China strategies," Zhang said.
China's automotive supply chain is exceptionally complete, with cost advantages in aspects including raw materials, parts sourcing, and labor. For a company like GM, using its Chinese operations as an export base is therefore a very natural choice, Zhang said.
The Chevrolet brand, in particular, has already executed a strategic pivot toward export business. Data from the China Passenger Car Association shows that Chevrolet's exports reached 17,159 units in 2024 and 15,917 units in 2025 - both figures surpassing its retail sales in China, China National Radio reported.
Many global automakers are forging deeper and longer-term ties with China, as the country's role evolves beyond a key market into an increasingly important hub for automotive research and development and innovation.
Recently, SAIC Motor and GM signed an agreement to extend their JV partnership by 20 years to 2047. A month earlier, Honda Motor and GAC Group signed a strategic agreement to renew their JV partnership in GAC Honda, extending their cooperation to 2038 while keeping the existing equity structure unchanged.
。按此计算，2027年投入规模将是2025年的4倍。　　新增资金将重点投向产业技术攻关和科技成果转化。呼和浩特将建立“产业出题、科技答题”机制，常态化征集企业和产业链技术需求，每年实施20项以上科技重大专项、60项以上基础研究专项，并推动企业承接全市90%以上市级科技创新任务。

B | 　　呼和浩特市科技局党组书记、局长汪驰表示，相关项目将围绕9个科创赛道，依托50多个科创平台，聚焦80多个关键攻关方向逐步展开，让科研项目对准产业需求和企业实际问题。　　为降低科技企业融资和成果转化成本，呼和浩特将设立总规模1亿元的科创信贷风险补偿基金，融资担保机构费率不高于0.8%，同时试行“拨改投”“先投后股”，以财政资金带动社会资本投入早期科技项目。　　当地还将围绕重点产业建设概念验证平台、科技成果转化中试基地和中试公共服务平台，打通实验室成果到工业化试制的关键环节。按照计划，到2030年，呼和浩特全社会研发经费投入、规模以上工业企业研发经费支出力争较2025年翻一番，技术合同成交额突破80亿元。

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