How did China's auto industry make the jump from basic manufacturing to intelligent mobility – and start setting the pace? Bai Chong-En, dean of the School of Economics and Management at Tsinghua University, sits down with Li Shufu, chairman of Geely Holding Group, to unpack a transformation that runs from early joint ventures to the bold acquisition of Volvo, from surviving global competition to shaping an AI-driven future. This isn't just the story of one company – it's a front-row view of China's shift from technology importer to industry trailblazer.