This paper analyses the factors and the potential economic impacts of the "Made in China 2025" (MIC 25) plans on German OEMs in the automotive sector. German automobile enterprises are currently facing with substantial transformations and challenges, precipitated by the rapid advancements in China's automotive sector, notably in electric vehicle production and sales. These developments are undermining Germany's erstwhile hegemony in the automobile, especially for the Chinese market. China has already made significant progress in the domestic market; after more than 40 years as the market leader, Volkswagen was displaced by BYD in February 2023. The Chinese producers are likewise aiming high for their sales numbers on the German market. The primary research objectives of this thesis are to conduct a semi-systematic literature review and analyses on German OEMs primarily for the Chinese market to identify the respective competitive advantages. Specially, this paper examines the development key indicators of the Chinese electric vehicle (EV) market in terms of market share and government regulations. To achieve this goal, this thesis focuses on two research questions, with a particular emphasis on pure electric vehicles (BEVs):
1) What are the economic impacts of MIC 25 for the German OEMs in the automobile industry?
2) What opportunities and challenges arise from MIC 25 for the German automobile industry?
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Problem Description
- Objectives and Research Question
- Structure of the Thesis
- Theoretical Framework
- The Chinese Automobile economy 1950 - 1987
- Great Leap forward 1958-1962
- The Cultural Revolution 1966 - 1976
- Open door policy 1978 - 1990 and post WTO era
- What is the MIC 25 plan
- How does MIC 25 differ from previous government plans?
- Recent changes of the MIC 25 plan
- German OEMs
- Situation of German OEMs
- China's importance for German OEMs
- Methodology
- Data and methods
- Porter Diamond
- Identifying the impacts
- Analysis
- Results of the Literature Review
- Porter's Diamond in China's Automobile industry
- Factor Conditions in China
- Demand Conditions in China
- Related and supporting Industries
- Firm Strategy, Structure, Rivalry
- Chance
- Government
- Cross-Impact Matrix
- Interpretation of results from Cross-Impact-Matrix
- Comparison of the variables
- Mendelow Matrix
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This master's thesis aims to explore the economic impacts of China's "Made in China 2025" (MIC 2025) plan on German Original Equipment Manufacturers (OEMs). The study investigates the multifaceted relationship between the MIC 2025 initiative and its implications for German automotive companies operating within the Chinese market.
- The evolution of the Chinese automobile industry and its policy shifts.
- A detailed analysis of the MIC 2025 plan, its goals, and its impact on global competition.
- The current situation and challenges faced by German OEMs in the Chinese market.
- The application of Porter's Diamond model to assess the competitive landscape of China's automobile industry.
- Identification of key impacts of MIC 2025 on German OEMs through a cross-impact matrix analysis.
Zusammenfassung der Kapitel (Chapter Summaries)
Introduction: This chapter introduces the research topic, outlining the problem of the economic implications of China's "Made in China 2025" plan for German OEMs. It clearly states the research objectives and questions guiding the study, focusing on the potential challenges and opportunities presented by this ambitious Chinese industrial policy. The chapter also details the structure of the thesis, providing a roadmap for the reader.
Theoretical Framework: This section provides a comprehensive overview of the Chinese automobile industry's historical development, from its early stages to its current position as a global player. It delves into the key policies and events that have shaped this evolution, including the Great Leap Forward, the Cultural Revolution, and the opening up of the Chinese economy. The chapter also offers a detailed explanation of the MIC 2025 plan, differentiating it from previous government initiatives and highlighting its strategic goals for technological advancement and industrial dominance. Finally, it sets the stage by discussing the situation and importance of the Chinese market for German OEMs, positioning them within the global competitive landscape.
Methodology: This chapter describes the research methods employed in the study. It details the data sources and analytical techniques used to assess the economic impacts of MIC 2025 on German OEMs. The chapter likely outlines the use of Porter's Diamond model as a framework for analyzing the competitive advantage of China's automotive industry and the application of a cross-impact matrix to identify and evaluate various impacts. It also highlights the importance of specific data and their relationship to the objectives of the study.
Analysis: This chapter presents the findings of the research. It begins with the results of the literature review, setting the context for the subsequent analyses. A core component involves applying Porter's Diamond model to dissect China's automotive industry competitiveness, examining its factor conditions (resources, infrastructure), demand conditions (market size, sophistication), related and supporting industries, firm strategy, structure, and rivalry, and the role of government policies. It analyzes the interrelationships between these factors and their overall impact on the industry’s development and competitive position. Finally, the chapter integrates the findings into a cross-impact matrix, showcasing the interconnectedness of variables and providing a comprehensive overview of the effects of MIC 2025.
Schlüsselwörter (Keywords)
Made in China 2025, German OEMs, Chinese automobile industry, Porter's Diamond, economic impact, competitive advantage, technological advancement, industrial policy, cross-impact matrix, global competition.
Frequently asked questions
What is the "Language Preview" document about?
The "Language Preview" document provides a comprehensive overview of a master's thesis focusing on the economic impacts of China's "Made in China 2025" (MIC 2025) plan on German Original Equipment Manufacturers (OEMs).
What topics are covered in the table of contents?
The table of contents outlines the structure of the thesis, including an introduction, a theoretical framework, a methodology section, and an analysis section. Specific topics covered include the Chinese automobile economy from 1950 to present, a detailed breakdown of the MIC 2025 plan, the situation of German OEMs, Porter's Diamond model, and a cross-impact matrix analysis.
What are the key objectives and themes of the thesis?
The master's thesis aims to explore the economic impacts of China's MIC 2025 plan on German OEMs. Key themes include the evolution of the Chinese automobile industry, an analysis of the MIC 2025 plan, the challenges faced by German OEMs in China, the application of Porter's Diamond model, and the identification of key impacts through a cross-impact matrix.
What is the introduction chapter about?
The introduction chapter introduces the research topic, outlines the problem of the economic implications of China's "Made in China 2025" plan for German OEMs. It clearly states the research objectives and questions guiding the study, focusing on the potential challenges and opportunities presented by this ambitious Chinese industrial policy. The chapter also details the structure of the thesis, providing a roadmap for the reader.
What does the theoretical framework section cover?
The theoretical framework provides a historical overview of the Chinese automobile industry, details the MIC 2025 plan, and discusses the situation and importance of the Chinese market for German OEMs.
What methodology is used in the study?
The methodology section describes the data sources and analytical techniques used to assess the economic impacts of MIC 2025 on German OEMs. It highlights the use of Porter's Diamond model and a cross-impact matrix.
What is the focus of the analysis chapter?
The analysis chapter presents the research findings, including a literature review, an application of Porter's Diamond model to China's automotive industry, and a cross-impact matrix analysis.
What are the keywords associated with this research?
Keywords include Made in China 2025, German OEMs, Chinese automobile industry, Porter's Diamond, economic impact, competitive advantage, technological advancement, industrial policy, cross-impact matrix, and global competition.
What is Porter's Diamond Model, and how is it used in the thesis?
Porter's Diamond Model is a framework for analyzing the competitive advantage of nations or industries. The thesis utilizes it to assess China's automotive industry by examining factor conditions, demand conditions, related and supporting industries, firm strategy, structure, rivalry, chance, and government policies.
What is a Cross-Impact Matrix, and how is it used in the thesis?
A Cross-Impact Matrix is a tool used to analyze the interrelationships between different variables or factors. In the thesis, it's used to identify and evaluate the various impacts of the MIC 2025 plan on German OEMs, showcasing the interconnectedness of different factors and providing a comprehensive overview of the effects.
- Citar trabajo
- Ali Iravanipour (Autor), 2024, "Made in China 2025". Exploring Economic Impacts for German Original Equipment Manufacturers, Múnich, GRIN Verlag, https://www.grin.com/document/1554628