Directions for optimizing business processes in the automotive industry in China

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Abstract

The Chinese auto industry is central to the global economy. As the largest automobile manufacturer, China exerts significant influence over global markets by determining key trends and standards in the automotive industry. The study is devoted to the analysis of areas of optimization of business processes in the automotive industry in China. As part of the work, key trends and changes in the Chinese car market in 2024 are investigated, a forecast for the development of the automotive industry in China for 2025 is given, and technological achievements in the development of the Chinese automotive industry are considered. Statistical methods were used to identify the leaders in sales and production of new cars, as well as China's place and share in the global automotive market. Based on the analysis of domestic and foreign sources, justifications and main directions of restructuring and modernization of processes in the automotive industry of China are provided.

About the authors

Hai-Long Zhou

Peoples' Friendship University of Russia
named after Patrice Lumumba (RUDN University)

Author for correspondence.
Email: 1032238153@pfur.ru

Master of the Department of National Economy, Faculty of Economics, Patrice Lumumba Russian University of Peoples' Friendship (RUDN)

117198, Moscow, Miklukho-Maklaya str., 6

Tatiyana Valentinovna Samuseva

Peoples' Friendship University of Russia
named after Patrice Lumumba (RUDN University)

Email: samuseva_tv@pfur.ru
ORCID iD: 0000-0002-1915-5534

Candidate of Economic Sciences, Associate Professor of the Department of National Economy at the Economics Faculty of the Peoples' Friendship University of Russia. Patrice Lulumba

117198, Moscow, Miklukho-Maklaya str., 6

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