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China Automotive Political Research Institute Analyzes A Package Of Favorable Policies For The Automobile Market To Stabilize The Economy, Promote Consumption, And Help Enterprises

Jun 09, 2022

A few days ago, the State Council issued the "Package of Policy Measures for Solidly Stabilizing the Economy" (hereinafter referred to as the "Measures"), which included halving the purchase tax on new cars, relaxing restrictions on car purchases, promoting the circulation of second-hand cars, pickups entering the city, and charging piles for new energy vehicles ( station) investment, construction and operation, etc. Subsequently, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Reducing and Collecting Purchase Tax for Some Passenger Vehicles". For passenger cars with a displacement of 2.0 liters and below that do not exceed 300,000 yuan, the vehicle purchase tax will be halved.

On the first day that the policy of halving the purchase tax was implemented, a number of experts from the China Automotive Strategy and Policy Research Center of China Automotive Technology Research Center (hereinafter referred to as China Automotive Political Research Center) were interviewed by China Automotive News and analyzed and interpreted the above-mentioned policies.

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It is extremely necessary for the automobile industry to ensure supply, stabilize consumption and promote innovation.


According to the requirements of the "Measures", the people's governments of all provinces, autonomous regions and municipalities directly under the Central Government should strengthen their organization and leadership, and make greater efforts to implement the spirit of the Central Economic Work Conference and the deployment of the "Government Work Report" in light of the actual conditions of the region, and at the same time make efforts to advance , Appropriately intensify, and promote the implementation of the "Package of Policy Measures for Solidly Stabilizing the Economy" as soon as possible to ensure that it is implemented in a timely manner, so as to have a greater policy effect on stabilizing the economy and assisting enterprises in bailouts as soon as possible.

When referring to the steady increase in large-scale consumption such as automobiles and home appliances, the "Measures" require that all regions shall not add new automobile purchase restrictions. The regions that have implemented purchase restrictions gradually increase the number of automobile incremental indicators, relax the qualification restrictions on car buyers, and encourage the implementation of urban and suburban areas. Indicator differentiation policy. Accelerate the issuance of policy documents to promote the transformation of automobiles from purchase management to use management. The policy of restricting the relocation of used cars will be completely abolished, the restrictions on the relocation of small non-operating used cars that meet the National V emission standards will be lifted nationwide, and the regulations on the registration, filing, and vehicle transaction registration management of used car market entities will be improved. Support the development of parallel import business in the import ports of complete vehicles, and improve the environmental protection information disclosure system for parallel imported vehicles. Implement refined management of pickup trucks entering cities, and study to further relax restrictions on pickup trucks entering cities. Study the support policies for the reduction of vehicle purchase tax for passenger vehicles below a certain displacement within this year. Optimize the investment, construction and operation mode of charging piles (stations) for new energy vehicles, gradually realize full coverage of charging facilities in all communities and operating parking lots, and accelerate the construction of charging piles (stations) in areas such as expressway service areas and passenger transport hubs. Encourage home appliance manufacturers to carry out recycling target responsibility system actions, guide financial institutions to improve their financial service capabilities, and better meet the needs of consumption upgrades.

Wu Songquan, senior chief expert of China Automobile Center and chief engineer of China Automobile Political Research Institute, introduced that the automobile industry, as an important strategic and pillar industry in my country, has the characteristics of a long industrial chain, a wide range of employment, and a large consumption drive, as well as technological innovation characteristics. , has a prominent position in economic and social development. This round of epidemic broke out in Changchun, Tianjin, Shanghai and other places, which has a great impact on my country's auto industry, market consumption and economic development. Weak consumer confidence and other serious threats to the stable development of the auto industry and consumption growth.

From April to May 2022, the research team of China Automobile Government Research Institute on Promotion of Consumption Policy will focus on industrial development risks and key issues, and analyze the necessity of ensuring the stable operation of the automobile industry and boosting automobile consumption based on the impact of the epidemic in Shanghai and other places on the automobile industry. , on the basis of analysis, demonstration and calculation, put forward policy suggestions in terms of ensuring supply, stabilizing consumption, and promoting innovation, and submit them to relevant departments. The China Automotive Political Research Institute recommends the immediate introduction of consumption promotion policies, including the implementation of preferential policies for the purchase of passenger cars and light commercial vehicles; appropriate increases in the purchase quota of cities with limited purchases to further promote consumption; abolition of local protection to establish a unified market; ; Improve the attractiveness of auto products to stimulate consumption and so on.



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