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The Twelfth Five-Year Plan will be a crucial period for China's economic and social development, and it will also be a crucial period for China's auto industry to adjust its structure, change its mode of development, and accelerate the development of energy-saving and new energy vehicles. As the beginning of the 12th Five-Year Plan, 2011 will be the intensive period for the introduction of important automobile-related policies. Focusing on the adjustment of industrial structure and the transformation of development methods, in 2011, the relevant policies of the automobile industry in China mainly focused on the following aspects.
Macro, heavy policy worth the wait
During the 12th Five-Year Plan period, the country will introduce a new automobile industry policy. The new industrial policy focuses on structural adjustment and changes in the economic development model. The policy is expected to be released in 2011. Compared with the 2004 version of the automobile industry development policy, the new automobile industry policy is based on the overall requirements of the State Council’s automobile industry restructuring and revitalization plan and transformation of development methods. It focuses on the building of a strong automobile country and takes the structural adjustment and resource allocation as the main line. Opening up and independent innovation as a means to take energy-saving and new energy vehicle development as breakthroughs, actively create a policy environment, innovation environment, market environment and development environment that promote the development of the automobile industry, and comprehensively improve the international competitiveness of the Chinese automobile industry.
The new automobile industry policy seeks to promote the structural adjustment and merger and reorganization of the automotive industry, promote the auto industry to achieve independent innovation strategy, improve the ability of independent innovation, accelerate the cultivation of independent brands, vigorously cultivate and develop new energy automobile industry, and actively promote the energy conservation of traditional energy vehicles. Pai, properly solve the energy, transportation, environment and other issues arising from the rapid development of the automotive industry. By 2020, China will be initially built into a powerful automobile industry. The new auto industry policy adheres to the combination of market orientation and government adjustment, insists on the combination of introduction and outbound, adheres to the integration of traditional energy conservation and emission reduction of new automobiles and the development of new energy vehicles, and adheres to the combination of industrial development and resource and environmental development.
Another important policy in 2011 is the long-awaited 12th Five-year Development Plan for the automotive industry. According to the draft of the 12th Five-year Plan of the automobile industry, in 2015, China will promote the coordinated development of the automobile industry and related industries, urban transport infrastructure and environmental protection, and shift from a large automobile manufacturing country to a powerful automobile country. It is expected that the production and sales volume in 2015 will reach 25 million; China National Automobile Group is encouraged to cross-regional mergers and reorganizations to form two to three large-scale automobile enterprise groups with a production and sales scale of over 3 million vehicles, and 4 to 5 automobile enterprise groups with a production and sales scale of more than 1.5 million; in 2015, domestic brands of passenger vehicles will be domestically The market share exceeds 50%, of which the domestic share of self-owned brand cars exceeds 40%; China's auto industry will shift from relying on the domestic demand market to large-scale exports. In 2015, the proportion of auto brand auto exports accounted for more than 10% of production and sales; vigorously supporting traditional fuels The energy-saving and environmentally friendly vehicles and new energy vehicles based on pure electric vehicles support the research and development of vehicles such as hybrid fuels and hydrogen fuels.
The “Energy-saving and New Energy Vehicle Industry Development Planâ€, which will guide the development of new energy vehicles in China in the next 10 years, is expected to be introduced this year. "Planning" includes clear seven aspects of the research and development direction of electric vehicle industrialization, increasing the financial subsidies for the development, optimization, and application of demonstration products. The overall goal of the plan is to fully grasp the core technologies of electric vehicles, cultivate their own development capabilities, give full play to the advantages of market and resources, and form a competitive industrial electric vehicle and key parts industrial system, put in electric vehicle charging stations, hydrogen refueling stations, etc. Infrastructure to meet the needs of the development of electric vehicles for industrialization.
Authoritative sources revealed that the upcoming "12th Five-Year Development Plan for Energy-saving and New Energy Vehicles" will replace the 12th Five-Year Plan for the automotive industry. At present, the plan has been completed and will be reported to the State Council in the near future. The "Opinions of the State Council on Promoting Mergers and Acquisitions of Enterprises" issued in 2010 is a macro-directional document. Detailed instructions for the implementation of industry mergers and reorganizations "Guidelines for Promoting the Merger and Reorganization of Auto Companies" are expected to be issued in 2011. During the period of the 12th Five-Year Plan, China will implement a proactive automobile import promotion strategy. Through comprehensive utilization of financial, taxation, economic and trade policies, we encourage the introduction of advanced technology and equipment, key technologies for energy-saving and new energy vehicles, and key components.
Encourage greater changes in consumer policies
In 2011, China's policy of stimulating auto consumption, including purchase tax concessions, will be withdrawn in stages in the context of the global financial crisis. This shows that the country's policies for the automotive industry have shifted from stimulating consumption to encouraging energy-saving and emission reduction.
The two-year preferential purchase tax policy has been canceled in early 2011. The Implementation Plan for Auto and Motorcycle Going to the Countryside and the Implementing Measures for the Automobile Trade-in Program have also been stopped in 2011 (the motorcycle subsidy policy that has been incorporated into the subsidy channels for autos to the countryside has been implemented until January 31, 2013). At present, only the "Executive Implementation Rules for Energy-Saving Products and Energy-Conserving Vehicles (1.6L and Below Passenger Cars) Promotion Rules" continues to be implemented. Consumers who purchase vehicles that meet the energy-saving vehicle subsidy standards can still obtain a central government finance of RMB 3,000 per vehicle. subsidy.
In respect of the taxation of vehicles and boats, the draft tax reform for vehicles and ships announced in 2010 proposed that China’s tax on vehicles and boats will be subject to a 7-speed tax rate. Cars will be taxed according to the size of their displacements, with small discharges paying low taxes and high taxes on emissions, indicating that the country Support policy orientation for small-displacement cars. After the publication of the draft, the industry and various sectors of society have responded differently and the disputes are relatively large. This year's travel tax may remain unchanged.
In 2011, policies to encourage the production and consumption of new energy vehicles will be further improved. The "Circular on Launching Private Subsidy for New Energy Vehicle Subsidies" promulgated last year will continue to encourage local governments to issue relevant incentive policies this year.
Beijing Deterrence Demonstration Effect Worries
The extraordinary growth of China's automobile sales in the past two years has brought with it problems such as urban congestion and environmental deterioration. The local policies represented by Beijing’s recently introduced policy on blocking control will have a major impact on the domestic market in 2011 and in the future.
Experts pointed out that in 2010, more than 18 million cars were produced and sold in China, and 800,000 cars were sold in Beijing, which accounted for 4.5% of the national auto market. Auto consumption in first-tier cities accounted for 30% of the national market. Under the demonstration effect of Beijing's policy on the prevention of blockage, many second-tier cities have begun to study the policy of plugging and controlling, and these policies will have a certain impact on the auto market in 2011.