CCTV News: Based on Smooth and Stable Automobile Industrial and Supply Chains, China's New Energy Market is Becoming More Active

A few days ago, the relevant responsible person of the Ministry of Industry and Information Technology said at the 2022 China Automobile Supply Chain Conference that the industrial and supply chains of China have been in a smooth and stable state, and the vehicle production has been fully restored.

According to the latest data, from June 1st to 26th, 15 key automobile enterprise groups in China produced a total of 1.684 million vehicles, a year-on-year increase of 15.9% and a 48.3% increase over the same period in May. The Ministry of Industry and Information Technology has promoted to solve more than 6,000 problems on enterprises' logistics transportation and resumption of production, and at the same time guided the rational return of raw material prices of upstream enterprises.

Guo Shougang, Deputy Director of Equipment Industry Division I, Ministry of Industry and Information Technology: Automobile vehicle and spare parts manufactures are also actively carrying out self-help in production, trying to minimize the impact of COVID-19. Thanks to the efforts of all parties, China's automobile industrial and supply chains have been basically smooth and stable, and vehicle production has been fully restored.

Guo Shougang said that, China will continue to take multiple measures to improve its production and supply capacity in the future, ensure the smooth operation of the automobile industry, speed up the construction of big data platform in the automobile industry, leverage the positive role of big data technology in economic operation monitoring, and strengthen the dynamic monitoring of industrial and supply chains.

Guo Shougang, Deputy Director of Equipment Industry Division I, Ministry of Industry and Information Technology: We will organize to formulate the panorama of automobile industry chain and automobile chip product atlas, grasp the corresponding domestic technology and application development trends, and support the promotion and application, technical research and production capacity improvement.

Strengthen Upstream and Downstream Coordination to Stabilize Automobile Industrial and Supply Chains

To better stabilize the automobile industrial and supply chains, experts attending the 2022 China Automobile Supply Chain Conference said that the synergy should be strengthened between upstream and downstream industries.

Experts said that China's automobile industry has formed a huge and complete supply chain system, creating an ownership of more than 300 million cars. In the face of the future, ensuring the sound development of automobile supply chain will be an important support for building an automobile power.

Fu Bingfeng, Executive Vice-President of China Association of Automobile Manufacturers: We should especially cooperate with the electronic chip industry to support the development of the automobile industry in the era of intelligence and digitalization.

The relevant responsible person of the Ministry of Industry and Information Technology also suggested that cross-border forces should be supported to integrate into the whole electric, intelligent and networked supply chain of automobiles for the coordination of the ecological construction of the whole industrial and supply chains.

Qu Guochun, Director of Equipment Industry Development Center, Ministry of Industry and Information Technology: We should strengthen the coordination and communication between the upstream and downstream of the local new energy automobile industry chain, deepen the strategic cooperation, and establish a good industrial chain ecology in which all the links of the industry chain are mutually integrated for mutualism, cost-proportion and benefit-sharing through the application guide and vehicle driving.

With Key Support of Consumption Policies, New Energy Market is Becoming More Active

A few days ago, China has further introduced relevant policies to release the potential of automobile consumption, among which supporting the consumption of new energy vehicles is the key direction. Therewith, the market consumption in many places in China has become more active.

At the international auto exhibition being held in Chongqing, the reporter learned that more than 300 new cars of over 40 new energy brands were unveiled in a new energy vehicle pavilion with an area of 20,000 square meter. The exhibitors also took out "valuables" to give car buyers real discounts.

Exhibitor Deng Zhitao: At this exhibition, we proposed zero purchase tax, and would also give a cash subsidy of 3,000 to 4,000 yuan for our products.

A few days ago, the first 2022 New Energy Vehicle to the Countryside activity organized by the Ministry of Industry and Information Technology and other three departments started in Kunshan, attracting more than 100 models of over 50 brands.

Wang Feng, staff member of the Organizing Committee of New Energy Vehicles to the Countryside: We took Kunshan as the first stop this time, and had a not bad volume of transactions after the three-day auto exhibition, and we will continue to hold more exhibitions in other cities later.

While the consumption performance is active, domestic and foreign automobile manufacturers are also making full efforts. During this period, a number of new energy vehicles of independent brands were launched. Many multinational companies also introduced new products, focusing on new energy vehicles.

Dai Hexuan, president and CEO of a multinational automobile company: We believe that the automobile market in China will have a bright future, for which our investment of 15 billion yuan will be the best proof.

According to the China Automobile Dealers Association, due to the COVID-19 pandemic, although the consumption of new energy vehicles has been temporarily affected this year, with the introduction of a series of policies to stimulate consumption, the consumption of new energy vehicles will still remain high this year, with an estimated sales volume of more than 5.5 million vehicles, an increase of nearly 70%.

Activate Used Car Market to Promote Automobile Renewal Consumption

The reporter noted that in the new policy of further promoting automobile consumption, in addition to supporting the consumption of new energy vehicles, activating used car market to promote automobile renewal consumption has also attracted much attention.

The contents of the policy introduced include: the restrictions on the entry of small non-operating used cars will be completely abolished from August 1st, which means the used cars is no longer restricted among different regions, but can be circulated and traded nationwide.

Luo Lei, Deputy Secretary-General of China Automobile Dealers Association: In 2021, 50% of the trading on the new cars purchase in China were realized through the replacement of used cars. Then used cars should become a very important part of the whole life cycle of automobile consumption. If the bottleneck of used cars is broken through, used cars will be activated, and at the same time, the whole new car market will also become more prosperous.

Experts pointed out that the number of used cars is expected to be increased by 1.8 million this year, which will drive the market increase of 900,000 new cars.

Original title: "CCTV News: Based on Smooth and Stable Automobile Industrial and Supply Chains, China's New Energy Market is Becoming More Active”

Government Affairs: Official New Media Account of MIIT