On Australian PM's visit to China, the two nations ‘hold back' on disputes
The deals include the potential widening of access to the Chinese market for Australian farm produce and coal, cooperation in the digitalisation of the financial sector, investment in greenfield projects and potential tariff cuts for Australian agricultural exports, according to a source with knowledge of their content.
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Malaysia Sun
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In the first half of 2025, new-energy vehicle (NEV) production and sales surpassed 6.9 million units, up more than 40 percent year on year, according to the China Association of Automobile Manufacturers (CAAM). Exports soared 75.2 percent during the same period. Beyond the impressive statistics lies a deeper revolution. From AI-powered assembly lines and AI-supported driving experiences to a surge in cross-border collaboration, China's automotive sector is embracing a smarter and more interconnected future. "Leveraging the world's largest auto market, China has developed a dual engine of tech innovation and commercial scale," said Zhang Yejia of the CCID consulting under China's Ministry of Industry and Information Technology. "Electric, smart, and connected -- new ideas are validated faster here." Unlike traditional trade fairs that primarily focus on goods or services, CISCE introduces an innovative "chain-centric" model that emphasizes end-to-end industrial collaboration. This approach is especially pronounced in the automotive sector, renowned for its lengthy and complex supply chains. In the hall showcasing integration of the auto sector, upstream, midstream and downstream companies cluster in adjacent booths, visually demonstrating their interdependence. Even amid the array of products dazzling eager audiences and professional attendees, U.S. EV giant Tesla's Model Y still garnered much attention. This top seller in the competitive Chinese EV market exemplifies how global players are thriving in China's smarter, more dynamic auto ecosystem. Tesla has achieved a stunning 95 percent localization rate for the components of this model. At its iconic Shanghai Gigafactory, a completed vehicle rolls off the production line every 37 seconds. "China possesses the world's most complete EV industry chain," said Tao Lin, vice president of Tesla. 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It fuses AI with 3D vision technology to detect surface defects as small as 0.15 millimeters, setting a new benchmark for precision in automotive quality control. "This fusion of AI and vision technology addresses a long-standing industry pain point," said Ge Junhui, an engineer with the company. "Automotive paints, prized for their high gloss, are notoriously difficult to inspect using traditional machine vision, which often falters under reflective surfaces." As a result, many manufacturers have long relied on manual inspections, a slow, labor-intensive process susceptible to inconsistencies. "Our solution helps automate one of the last strongholds of human-led quality assurance," Ge added. Meanwhile, an increasing number of automakers are bringing AI from behind the scenes to the center stage, turning its capabilities into standout features that consumers can see, feel and experience firsthand. 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