The automotive industry revitalization plan is expected to be implemented in early January next year
January 23, 2023
The financial crisis has had a great impact on China's auto industry. November sales fell by 14.6%. Yesterday, the Shanghai Securities News learned exclusively that the National Development and Reform Commission is actively planning to revitalize the auto industry. The plan will be reported to the State Council this week. If everything is approved successfully, the revitalization plan of the auto industry will be formally implemented in early January of next year. Informed sources also revealed that the Ministry of Industry and Information Technology is also brewing the rescue operation in the near future. It will provide support measures such as replacement of used vehicles, encouragement of mergers and restructuring in the industry, and provision of low-interest loans.
Yesterday, Zhang Ping, director of the National Development and Reform Commission, said in his report that the "Eleventh Five-Year" plan outlines the mid-term evaluation. He said that he will step up development of nine steel, automobiles, ships, petrochemicals, textiles, light industry, nonferrous metals, equipment manufacturing, and electronic information. Industrial rejuvenation planning.
The relevant information sources from the National Economic Information Center of the National Information Center told this reporter that in fact, part of the relevant policies for the revitalization of the automobile industry have been released, such as the fuel tax, but the revitalization plan also includes two other important components: First, maintain The steady growth of the automotive market; Second, promote the structural adjustment of the automobile industry, and promote the development of energy-saving cars. The support measures for energy conservation are also divided into two parts. The first is to encourage low fuel consumption and higher fuel economy models. Second, new energy vehicles are mainly supported by the development of electric vehicles.
According to this person, in terms of incentives for energy-saving vehicles, from the perspective of consumers, measures to encourage consumption will be introduced, such as exemption of purchase tax; at the enterprise level, supporting funds will be provided for the technical research and development of automobile manufacturers. The supporting funds will be provided by the Ministry of Science and Technology.
For the Ministry of Industry and Information Technology brewing encouragement mergers and reorganizations and providing low-interest loans and other support measures, the National Deputy Secretary-General of Communications, Cui Dongshu, told reporters that this is a good thing for the automotive industry, and the industry most likely to undergo mergers and reorganizations will be Mainly own brands, commercial vehicles are also many. “The first state-owned minicar companies such as Changhe and Hafei were encouraged by the government.”
According to industry sources, the actions of the three ministries and commissions at the same time to save the market are very rare, and the state’s attention to the auto industry is no longer ambiguous. Compared to the “rescue” of the Detroit Motors by the United States government, the Chinese government has shot significantly faster. The automobile rescue market is already in full swing, and the entire automotive industry is very much looking forward to the revitalization plan. The auto market may also be expected to recover in advance.
The reporter learned that as early as the beginning of December, the representatives of the manufacturer's national passenger car information association and representatives of distributors of the China Automobile Circulation Association had successively “written” relevant national departments, striving for the urgency and necessity of urgent need for rescue of the Chinese auto market. .