To learn from China Auto Deal

Compass, the greatest one of the four great inventions of ancient China a sign of prosperity, science and technology and the embodiment of wisdom of the Chinese people, not only when people overcome the difficult voyage to identify the direction of the difficulties, the world can be fused, even in changed to some extent the process of modern civilization of mankind.

    This year, China's automotive policy is like a compass, so that in the financial tsunami in the automotive industry to find the direction forward, purchase tax by half, automobile countryside, trade-in and other stimulus policies were introduced, not only to automobile market rebound also contrarian soared to blow, round up the dream of 10 million cars in China, Chinese auto policy has become the world's most efficient vehicle New Deal.

    Ocean vessels to find the compass to lead the right direction before the trip, the Chinese auto policy of 2009 introduced a series of cars, but also as a compass to lead the auto industry before the financial crisis line, and eventually reach the other shore. Trembling from the beginning of China's auto sales is expected to break through 10 million year to the annual target will be raised to 12 million, to the recent 13 million, the harvest results have amazed even more Chinese auto policy of "compass "role.

    Consumer-driven production is far better than other countries

    The beginning of the financial crisis hit the United States under the precarious Big Three auto makers experienced members of Congress in the harsh question, finally the government 15 billion U.S. dollars of the "life-saving money." This move caused other vehicles to follow large countries, France, Germany, South Korea, Sweden and other governments are considering "rescue money" measures to secure domestic auto industry.

    But with the U.S. government funds directly to the risk faced by the car companies stop "blood" in different ways, the Chinese government will assess the situation and rescue the auto industry moves to focus more on consumer links, aimed at through fiscal and tax policies to encourage automobile consumption, consumer-driven production.

    Although India, Russia, Brazil and other emerging countries have also used fiscal measures to encourage automobile consumption, to promote the automobile industry and national economic development. But rescue measures in other countries, the Chinese government actions faster and more forceful. From the beginning of the year, a series of timely and effective policies and good intensive introduction. Fuel Tax Reform, the automotive industry restructuring and revitalization plan, purchase tax by half, car to the countryside, a car is scrapped subsidies, car TM to a series of policies to encourage automobile consumption "combination punches," one after another.

    The depth of the first half of the global auto market continues to decline. First half of the U.S. new vehicle sales fell 35.1%, Japan fell 21.5%, Russia down 49%. European countries, the United Kingdom, France, Spain, Italy have double-digit declines. In comparison, China's rescue measures most obvious, automobile market has bottomed out, re-step rapid growth path.

    Purchase tax by half, automobile significant effect on the countryside

    Small displacement of these policies purchased by half passenger car to the countryside two high-growth policies on the automobile market this year attributed to the hardwork.

    January to October this year, 1.6 liter and below the national sales of 5.701 million passenger cars, up 63.2% over the same period last year. Own brand car business in the domestic market share to 30%, instead became the first Japanese car. In addition, the state has arranged five billion yuan in the car to the countryside policies of the launch, but also to the micro-buses, mini trucks and light trucks to bring endless business opportunities, industry insiders estimate that only one car to the countryside policies will make personal and household consumption in China this year net expenditure increase of more than 50 billion yuan, accounting for all the domestic demand growth over 3%.

    In addition, the purchase of the car cancel unreasonable regulations also allow some regional growth. Such as Guangzhou, the ban on the 1.0L small-displacement, to some extent also reduced the threshold for car consumers, so more people can afford, and to promote and regulate the automobile consumption credit, used-car market to some extent the development of more on making all aspects of automotive industry chain benefit.

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