Beijing, China – The European Automobile Manufacturers’ Association (ACEA) has signed a cooperation agreement with the China Association of Automobile Manufacturers (CAAM) that will allow both sides to exchange information on auto industry trends in China and Europe and, particularly in China, to coordinate approaches to regulatory developments of common concern.

ACEA secretary general Ivan Hodac said the agreement was an important milestone in ACEA’s activities in China. CAAM senior deputy secretary-general Shen Ningwu said that the time was right to strengthen cooperation between the two associations by establishing a more formal exchange mechanism.

Both agencies said they are committed to promoting the sound development of the automotive industry in China. CAAM, founded in 1987, is a nationwide association grouping enterprises and organizations in auto, motorcycle, components and related industries. ACEA established a presence in China in 2004 to represent the shared views of its member companies on regulatory developments.

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