This is the third time the Chinese government has announced large -scale car consumption stimulus measures since April.Promoting the automotive industry has become a support point for consumption recovery.
China's consumption continues to decline, and 17 departments including the Ministry of Commerce of China issued 12 measures on Thursday (July 7) to focus on expanding the car consumption and promote the automotive industry to become the support point for consumption recovery.The upstream raw materials guarantee the stable price work.
This is the third time the Chinese government has announced large -scale car consumption stimulus measures since April.
Sheng Qiuping, deputy minister of China ’s Ministry of Commerce Sheng Qiuping on Thursday, introduced the newly introduced measures at the State Council’ s policies for a briefing. It was affected by factors such as multiple episodes and other factors."The situation is more severe."
But he emphasized that automobile consumption is expected to achieve rapid growth in the second half of the year, playing an active role in stabilizing the macroeconomic market.
Automobile consumption is an important pillar of China's consumer market, accounting for about 10 % of the total retail sales of domestic social consumer goods.Since March, due to strict control of automotive manufacturing towns such as Shanghai, Changchun, Jilin, etc., the national passenger car retail in April and May has dropped by 35 % and 16.9 % year -on -year in April and May.
The State Council of China issued a series of measures on further release of consumption potential to promote consumption recovery, and put forward a series of measures to relax the purchase of automobiles to promote automobile consumption;Use vehicle purchase tax and other measures.
With more than two months of policy stimulus, the Chinese automobile consumer market has shown signs of improvement in June.McGonagic Group predicts that the sales of automobiles in China in June may increase 16 % year -on -year, adding three percentage points to the overall consumption figures in June.
The 17 departments including the Ministry of Commerce further issued a notice on the extension of cars to expand the consumption of automobiles on Thursday.Twelve stimulus measures include: supporting new energy vehicle consumption, studying exemption of new energy vehicle vehicle purchase tax policies due to expire; requiring strict implementation of the policy of eliminating second -hand car restrictions in various regions;Large car consumer credit support.
Dr. Hu Dong'an, a senior economist of Oxford Economic Research Institute, analyzed during an interview with Lianhe Morning Post that newly introduced measures can help promote car consumption, but it is difficult to drive the overall consumption growth.In the case of unclear employment prospects, the overall consumer market is expected to continue to weaken, and the annual economic growth is difficult to achieve a goal of about 5.5 %.
The consumption recovery with electric vehicles is the "one stone and two birds" method
China is listed in the planning of the "Fourteenth Five -Year Plan" (2021 to 2025). To expand the "strategic emerging industry investment" including new energy vehicles, Chinese electric vehicle companies have been catching up in the global market in recent yearsEuropean and American giants.However, during the Shanghai epidemic, the risks faced by the Chinese electric vehicle market have emerged, which has also attracted the attention of the outside world to whether Chinese car companies can maintain competitiveness.
China's electric vehicle output was re -created after the epidemic in April.Data released by the China Automobile Circulation Association showed that the inventory warning index of Chinese auto dealers in May reached 56.8 %, an increase of 3.9 percentage points year -on -year. The inventory warning index was above the Rongku Line.
Hu Dongan believes that Chinese officials using electric vehicles to promote consumption recovery are the "one stone and two birds". In addition to domestic economic factors, there are also long -term international strategic considerations.In the current downturn of real estate, the automotive market is one of the few high -consumption fields that still have room for development.
As China focuses on restoring automobile output, global chip panic and integrated transition may slow down the production speed of car dealers.China ’s passenger car market information joint warning has warned in January that China’ s chip gap will have 1 million cars this year, causing production into a shutdown; Japan ’s Toyota Motor has been forced to reduce production in June due to insufficient chip supply.
In this regard, Guo Shou, the person in charge of the Equipment Industry Department of the Ministry of Industry and Information Technology, stated at the hair dryer on Thursday that it is necessary to strengthen the operation of the industry's operation monitoring and judgment, do a good job of car chip and upstream raw materials to ensure stable prices, and make every effort to ensure that the supply chain of the industrial chain is smooth and stable.Essence
