In 2004, it was the year that the automobile industry policy was promulgated the most. It included a series of policies concerning the development of the automobile industry, including the “Industry Policy for the Automotive Industryâ€, which set a clear direction for the future development of the Chinese automobile industry. In 2005, according to the reporter’s understanding, there will be some new policies introduced. New Year's Day in 2005 to abolish import car quotas and reduce tariffs on imported cars According to China's WTO accession commitments, starting from the New Year's Day in 2005, the tariffs on imported cars will be unified from the current 34.2% (below 3.0 liters) and 37.6% (3.0 liters or more). Downgraded to 30%, at the same time, cancel the import quota limit. By January 1, 2006, it will drop to 28%, and on July 1, 2006 it will drop to 25%. However, industry insiders believe that the tariff reduction does not mean that the price of imported cars will drop sharply. This is due to the fact that the rate of decline in tariffs is small. At the same time, imported vehicles are also required to pay consumption tax and value-added tax. The comprehensive tax rate is 74.99% (above 3.0 liters). On the other hand, it is very likely that the policy of “landfall and tax payment†will be implemented in 2005. That is, import cars must pay tax on customs as soon as they arrive in Hong Kong, and they cannot be stored in bonded areas as they have in the past. This will increase the capital occupation of dealers and increase Marketing costs. "The limit of fuel consumption of passenger vehicles" was implemented on July 1, 2005. On October 28, 2004, the National Development and Reform Commission issued the "Limits on Fuel Consumption of Passenger Cars", in which, for newly produced passenger cars, It will be divided into two phases: July 1, 2005 and January 1, 2008. In the first phase of 2005, the fuel consumption limit for passenger vehicles with a total vehicle mass of 1 ton was 8.3 liters/hundred kilometres. Industry insiders believe that this regulation will promote the development of vehicles with small displacement and low fuel consumption. The “Implementation Measures for the Management of Automobile Brands†is implemented starting today. On September 23, 2004, the Ministry of Commerce issued a draft for the “Implementation Measures for the Management of Automobile Brands,†which states that “As of January 1, 2005, passenger cars Brand sales and services should be implemented; starting from December 1, 2006, all automobiles should implement brand sales and services.†This approach to the draft of the consultation draft caused a great uproar in the auto market. Some people think that the "Automobile Brand Sales Management Implementation Measures" advocates a sales model mainly based on automotive brand franchise, which will lead to the outflow of about 70% of the country's auto dealers and large-scale integrated auto trading markets. Then, although the person in charge of the Ministry of Commerce came forward to explain the matter, it was clearly emphasized that the brand sales did not equal the brand monopoly (ie the 4S shop model), but there were still some controversies regarding the “Implementation Measures for Automobile Brand Sales Managementâ€. It is estimated that when the Ministry of Commerce officially implements this approach in 2005, it will also become a hot topic in the automotive circulation field. New Local Road Traffic Regulations of Beijing Municipality On October 22, 2004, the 15th meeting of the Standing Committee of the Beijing Municipal People’s Congress examined and approved new local road traffic regulations in Beijing. The regulation will be formally implemented on January 1, 2005. The controversy is that laws and regulations have proposed that motor vehicles crash insurance companies must pay in advance. According to people in the auto industry, the implementation of new road traffic regulations will affect the development of the auto insurance industry, which will indirectly affect the premiums of car buyers. (Zhang Yaodong)
The direction of automobile development in 2005 - The new automobile will be introduced
In 2004, it was the year that the automobile industry policy was promulgated the most. It included a series of policies concerning the development of the automobile industry, including the “Industry Policy for the Automotive Industryâ€, which set a clear direction for the future development of the Chinese automobile industry. In 2005, according to the reporter’s understanding, there will be some new policies introduced. New Year's Day in 2005 to abolish import car quotas and reduce tariffs on imported cars According to China's WTO accession commitments, starting from the New Year's Day in 2005, the tariffs on imported cars will be unified from the current 34.2% (below 3.0 liters) and 37.6% (3.0 liters or more). Downgraded to 30%, at the same time, cancel the import quota limit. By January 1, 2006, it will drop to 28%, and on July 1, 2006 it will drop to 25%. However, industry insiders believe that the tariff reduction does not mean that the price of imported cars will drop sharply. This is due to the fact that the rate of decline in tariffs is small. At the same time, imported vehicles are also required to pay consumption tax and value-added tax. The comprehensive tax rate is 74.99% (above 3.0 liters). On the other hand, it is very likely that the policy of “landfall and tax payment†will be implemented in 2005. That is, import cars must pay tax on customs as soon as they arrive in Hong Kong, and they cannot be stored in bonded areas as they have in the past. This will increase the capital occupation of dealers and increase Marketing costs. "The limit of fuel consumption of passenger vehicles" was implemented on July 1, 2005. On October 28, 2004, the National Development and Reform Commission issued the "Limits on Fuel Consumption of Passenger Cars", in which, for newly produced passenger cars, It will be divided into two phases: July 1, 2005 and January 1, 2008. In the first phase of 2005, the fuel consumption limit for passenger vehicles with a total vehicle mass of 1 ton was 8.3 liters/hundred kilometres. Industry insiders believe that this regulation will promote the development of vehicles with small displacement and low fuel consumption. The “Implementation Measures for the Management of Automobile Brands†is implemented starting today. On September 23, 2004, the Ministry of Commerce issued a draft for the “Implementation Measures for the Management of Automobile Brands,†which states that “As of January 1, 2005, passenger cars Brand sales and services should be implemented; starting from December 1, 2006, all automobiles should implement brand sales and services.†This approach to the draft of the consultation draft caused a great uproar in the auto market. Some people think that the "Automobile Brand Sales Management Implementation Measures" advocates a sales model mainly based on automotive brand franchise, which will lead to the outflow of about 70% of the country's auto dealers and large-scale integrated auto trading markets. Then, although the person in charge of the Ministry of Commerce came forward to explain the matter, it was clearly emphasized that the brand sales did not equal the brand monopoly (ie the 4S shop model), but there were still some controversies regarding the “Implementation Measures for Automobile Brand Sales Managementâ€. It is estimated that when the Ministry of Commerce officially implements this approach in 2005, it will also become a hot topic in the automotive circulation field. New Local Road Traffic Regulations of Beijing Municipality On October 22, 2004, the 15th meeting of the Standing Committee of the Beijing Municipal People’s Congress examined and approved new local road traffic regulations in Beijing. The regulation will be formally implemented on January 1, 2005. The controversy is that laws and regulations have proposed that motor vehicles crash insurance companies must pay in advance. According to people in the auto industry, the implementation of new road traffic regulations will affect the development of the auto insurance industry, which will indirectly affect the premiums of car buyers. (Zhang Yaodong)