On December 13, the Organizing Committee of Guangzhou International Automobile Exhibition announced that in order to promote the stable operation of the economy, boost the confidence of the industry, stimulate consumption, and accelerate the resumption of production, the 20th Guangzhou International Automobile Exhibition in 2022 will resume from December 30, 2022 to January 8, 2023 on the premise of improving service quality, improving security measures, and refining the emergency plan under multiple scenarios. Behind the recovery of this "Guangzhou Auto Show", a positive signal is revealed: Guangzhou auto consumption is expected to further recover. As the first international A-level auto show held after the release of the "new ten articles on epidemic prevention and control", this Guangzhou Auto Show is of great significance, which will greatly boost industry confidence, stimulate Guangzhou's auto consumption, and help Guangzhou's economy recover. Last year, the 19th Guangzhou Auto Show had a scale of 220000 square meters, with 54 first cars in the world, 24 new energy cars, and a total of 1020 cars, attracting attention from both home and abroad. As one of the three major auto exhibitions in China, Guangzhou Auto Show is known as the wind vane of the auto market. It brings together auto brands and enterprises at home and abroad, and becomes the epitome of the vitality of the auto industry in South China and even the whole country. Behind this, it reveals that Guangdong, as China's largest province in automobile production and sales, still plays an irreplaceable role. The automobile industry is an important pillar of Guangzhou's economy. In 2021, the output of automobiles will reach 2.96 million, and the total output value will exceed 610 billion yuan, ranking first in China for three consecutive years, accounting for 90% and 10% respectively in Guangdong and the country. According to the relevant data of Guangzhou Municipal Bureau of Industry and Information Technology, from January to October, the total retail sales of social consumer goods in Guangzhou reached 861.85 billion yuan, up 3.2% year on year, 0.1 percentage point higher than that in the first three quarters. Automobile consumption continued to improve. The retail sales of automobile products above designated size in Guangzhou increased by 9.5% year on year, 0.7 percentage points higher than that in the first three quarters. Among them, the retail sales of new energy vehicles increased by 96.5% year on year, which was the "pillar" of stable consumer market performance in Guangzhou in October. Since this year, Guangzhou has introduced a number of policies to stabilize growth and promote consumption, and held multiple consumption promotion activities. This Guangzhou Auto Show took the lead in recovering, which is not only conducive to stimulating Guangzhou's auto consumption in the short term, vigorously boosting market confidence, giving a "green light" to future market consumption, giving full play to the driving role of auto consumption, and bringing new opportunities for Guangzhou's economic recovery. After the continuous optimization and adjustment of the epidemic prevention and control policy, Guangzhou is expected to turn the new round of automobile consumption boom into the driving force of economic development, build a new consumption mode, fully open the market vitality, promote the efficient operation of the consumer market, stimulate the new engine and new momentum of consumption, and help the economic recovery. (Liu Xinshe)