AutoBeta(AutoBeta.net)04/22 Report--

Since the second half of 2018, China's car market has entered a cold winter, with car production and sales falling by 4.16% and 2.76% for the whole of 2018, which is also the first decline in China's car market in more than 20 years. The situation remains unchanged in 2019. Data show that a total of 5.2628 million domestic passenger cars were sold in the first quarter of this year, down 13.72% from the same period last year.

With regard to automobile consumption, the consumption expert of the National Research Center said that the reason for the great decline in the growth rate of consumption last year was that cars had a negative growth for the first time in nearly 30 years. When the proportion of cars in the retail industry reached 20% at its highest, and at its lowest, it reached 12%, 13%. As a result, 10 ministries and commissions issued policies to promote automobile consumption this year, and recently there has been a discussion about abolishing car purchase restrictions. She believes that it is still uncertain whether the latter policy will be implemented.

Shen Haiyin, CEO of Singularity Automobile, also said in a recent interview that he hoped that the government would be more lenient to the industry and not impose too many restrictions, including in terms of qualifications, including various management regulations and whatever rules, policies, laws and regulations should be more open.

In addition, Shen Haiyin also said that the liberalization of policy will stimulate the development of Chinese car brands. "I think people should believe that Chinese enterprises, especially private enterprises, are grass born in a crack in the stone, and their vitality is very strong. As long as you give it a little water, give it a little light, it will grow very well, the more restrictions you have on it, the more protective you are. On the contrary, it is detrimental to the development of the industry itself. "

Recently, it was revealed that the National Development and Reform Commission has issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronic products to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The specific implementation plan is described in detail in the document, and there are nine supporting regulations in the automobile field. Among them, the most important thing is that the purchase restrictions in cities will be gradually relaxed, the license plate target will be increased by 50% this year, there will be no restrictions on the purchase of new energy vehicles, and the restrictions on pickups are also expected to be relaxed.

The NDRC also responded to the online discussion of "liberalizing purchase restrictions": we are learning about the relevant situation, and all policies have been repeatedly demonstrated and fully solicited by the parties concerned.

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