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Ministry of Commerce of China: Promote Automobile Consumption and Build A National Unified Automobile Market

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On the morning of July 7, the Information Office of the State Council held a regular briefing on the policies of the State Council to introduce the work related to steadily increasing automobile consumption and answer reporters' questions.

Sheng Qiuping, Vice Minister of the Ministry of Commerce, said that recently, the Ministry of Commerce, together with the Ministry of industry and information technology, the Ministry of housing and urban rural development and other 16 departments, issued the "several measures on Invigorating the circulation of automobiles and expanding automobile consumption". The automobile industry is an important strategic and pillar industry of the national economy, and an important field for stabilizing growth and promoting consumption. In 2021, the national retail sales of automobile commodities reached 4.4 trillion yuan, accounting for 9.9% of the total retail sales of social consumer goods, which is an important support for the consumer market.

Since April this year, the downward pressure on the automotive consumer market has increased due to multiple factors. The CPC Central Committee and the State Council made a timely deployment to steadily increase automobile consumption through policy reinforcement. The Ministry of Commerce quickly implemented and, together with relevant departments, studied and issued 6 aspects and 12 policies and measures to invigorate automobile circulation and expand automobile consumption.

Vector flat buildings. Simple illustrations of house, hospital, market and school.

These measures aim to remove some institutional and institutional obstacles that have long restricted the development of automobile circulation, consolidate the stabilization of automobile consumption, promote the transformation and upgrading of the automobile market, and accelerate the realization of high-quality development. It has the following four characteristics:

First, highlight the construction of a national unified automobile market. The "several measures" focus on connecting blocking points, reducing costs, and facilitating circulation, break the local protection of the new energy vehicle market, support new energy vehicles to the countryside, cancel the relocation restrictions of second-hand vehicles nationwide, optimize and improve the transfer registration of second-hand vehicles, effectively promote market interconnection, rule interconnection, supply and demand promotion, and accelerate the formation of a national unified automobile market with efficient circulation and echelon consumption.

The second is to highlight the optimization of the automobile use environment. The "several measures" focuses on the "urgent difficulties and anxieties" of the people in the use of automobiles, speeds up the improvement of the automobile use environment, and promotes the transformation of automobile purchase management to use management. For example, in solving the problem of urban parking, it is required to actively expand new parking facilities in combination with urban renewal actions; Make rational use of civil air defense projects, park green space and underground space, tap the potential to build more parking facilities. In terms of facilitating the charging of new energy vehicles, accelerate the construction of charging facilities in residential communities, parking lots, gas stations, highway service areas, passenger and freight transport hubs, and facilitate the charging and use of vehicles.

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Third, highlight the promotion of green and low-carbon cycle development. Achieving carbon peak and carbon neutralization is a solemn commitment made by China to the world, and it also puts forward new requirements for the development of the automotive industry. The "several measures" focus on the green and low-carbon cycle, support the purchase and use of new energy vehicles, and further improve the sales proportion of new energy vehicles; We will support the improvement of the recycling system for end-of-life vehicles, promote the recycling of resources, and guide the automotive market to accelerate the green transformation and upgrading from the front and rear ends of vehicle sales and scrapping and upgrading.

Fourth, highlight the promotion of automobile consumption in the whole chain and all fields. Promoting automobile consumption is a systematic project. The "several measures" focus on the whole process and all fields, such as new car sales, second-hand car trading, scrap car recycling, automobile parallel import, automobile cultural tourism consumption, automobile financial services, and strive to "stimulate the increment, revitalize the stock, smooth the circulation, and drive the correlation", so as to fully release the potential of automobile consumption. We will carry out in-depth rural activities for new energy vehicles, study the extension of the exemption from new energy vehicle purchase tax after the expiration of the policy, and promote the increase of new vehicles. Support the development of second-hand car distribution business, promote the commercialization and large-scale circulation of second-hand cars, and comprehensively revitalize the stock. All localities are encouraged to speed up the withdrawal of old vehicles, carry out the exchange of old vehicles for new ones, and promote the renewal cycle. Support the development of automobile cultural tourism consumption such as automobile sports events and self driving sports.


Post time: Jul-07-2022