{
    "success": true,
    "data": {
        "id": 1697873,
        "msgid": "changan-ceo-avoid-price-wars-prioritise-strong-localisation-1777006418",
        "date": "2026-04-24 11:32:00",
        "title": "Changan CEO: Avoid Price Wars, Prioritise Strong Localisation",
        "author": "Agung Kurniawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Trade",
        "summary": "Changan Automobile's CEO, Huarong, has outlined a strategy for international expansion that eschews aggressive price competition prevalent among other Chinese automakers, instead focusing on product differentiation and deep localisation in target markets. This approach aims to navigate increasing trade protectionism and regulatory hurdles by investing in local partnerships, fostering technology transfer, economic growth, and job creation for a sustainable, mutually beneficial model. The emphasis on localisation over mere exports underscores Changan's commitment to long-term integration in diverse global markets amid shifting industry dynamics.",
        "content": "<p>CHONGQING, KOMPAS.com - The intense competition in the global\nautomotive industry often prompts several manufacturers from China to\nundertake massive market penetration by offering a range of low-priced\nproducts.<\/p>\n<p>However, a different manoeuvre is being adopted by the giant\nautomotive brand, Changan Automobile.<\/p>\n<p>Instead of joining in on slashing prices, this manufacturer prefers a\nmature approach by highlighting product differentiation.<\/p>\n<p>\u201cTherefore, in our overseas development strategy, Changan does not do\nanything very aggressive compared to other Chinese brands,\u201d said Huarong\nto reporters during the Changan Global Strategy Launch press conference\non Wednesday (22\/4\/2026).<\/p>\n<p>Huarong emphasised that his company is reluctant to get dragged into\nthe current trend of price competition being widely pursued by its\ncompatriots to capture market share.<\/p>\n<p>To realise this, sales volume is not the only measure of success.<\/p>\n<p>He added that in overseas markets, besides paying attention to the\nscale of trade volume, what Changan pays most attention to and\nprioritises is localisation.<\/p>\n<p>This step is considered very crucial, given the current changing\nindustry dynamics and varying regulatory challenges in each region.<\/p>\n<p>\u201cAs we all know, the competition in the global automotive industry is\ncurrently undergoing major changes. Many countries are implementing\ntrade protectionism policies or other entry barriers,\u201d said Huarong.<\/p>\n<p>In response to these increasingly stringent regulations, the\nmanufacturer chooses to blend in and invest more deeply in the\ndestination countries of its expansion.<\/p>\n<p>\u201cFor Changan, the best way to face this situation is through deep\nlocalisation. We want to shift from merely exporting products to taking\nroot in the local market,\u201d said Huarong.<\/p>\n<p>As a concrete step from this commitment, in accordance with laws and\nregulations in various global regions, Changan will strengthen\ncooperation with local partners and governments.<\/p>\n<p>The aim is to reduce risks while promoting joint development in the\ntarget countries, from technology, economy, to job creation.<\/p>\n<p>\u201cWith this approach, we build a harmonious development model that is\nmutually beneficial (win-win solution) and sustainable,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/changan-ceo-avoid-price-wars-prioritise-strong-localisation-1777006418",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}