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During the year 2009 China’s auto industry reorganising plan introduced

by Zou Frbiz

China to 15 major car companies into less than 10 plans are proceeding with the end of this year will be issued before the merger and reorganization automakers plan. Ministry of Industry and Information (hereinafter referred to a letter the Department of Public Works), vice minister of Miao yu4 19 at the Shanghai International Auto Show, said Summit.

Miao yu said, at present, the Department of Public Works has launched a letter promoting the development of corporate restructuring vehicle guidance, the policies will accelerate the introduction of measures to promote the proper solution of the placement of surplus production personnel to resolve the transfer of enterprise assets to resolve the debt with the approved the problem of disposal to support the auto industry through mergers and restructuring of products to integrate resources, enhance their competitiveness.

Miao yu said that in the automobile industry reorganising and revitalization plan for China’s auto enterprises to enhance the level of concentration of a actual ask for that the prevailing 15 very many enterprises into the car smaller diagram than 10, but there are many distributes which deficiency to be resolved. Such as tax distributes, an enterprise of the car by other provinces later the merger rate, the tax is compensated by the headquarters or remain in situ. “The load is not deduced, it is difficult to receive the encourage of provincial government. Similar to a lot of this problem.”

He disclosed that before the end of this year, the State Council will be out of the auto industry merger and reorganization plans.

Miao yu said that the history of a rare worldwide economic calamity on China’s industry has resulted in dangerous shock. China’s auto market from the innovation of the third quarter of 2008 had small proportion negative growth, diminishing competence of essential enterprises, a ample diminish in exports, have brand, and small and medium-sized enterprises face great difficulties.

Crisis and the external appeal is shrinking and so on, but also with the Chinese automobile industry self-development among the existing contradictions and difficulties related. For case, irrational industrial plan, technological crosswise is not high, the scope for of independent advance is thinned, the imperfect consumer policy and other distributes are also noteworthy causes.

Miao yu said, thus, China’s automobile industry reorganising and the revitalization plan, is to enhance protection, enlarge worker appeal, transfer the plan of merge consumption through the implementation of positive policies, stability and deductions of consumer appeal in automotive, reorganising as the main row, promote the reorganization of enterprises, to move ahead the technological development and the essential to the independent advance, to encourage the expansion of have brand enterprises, and promote novel energy automobiles and essential parts and constituents industry, and the formation of novel competitive advantage.

In the implementation of mechanical supplies, the auto amend and remove the next three years planning to revitalize the inside account will organise 10 billion yuan of special funds to encourage the auto strengthen on the systematic development of enterprises, technological accesses, as well as novel cars and special parts and constituents of energy development. Miao yu uncovered, involving the provincial automotive technological enterprises reach funding sanctioned next week, involving the inside motor motor vehicle finance will be the organization of systematic endeavours for the deployment of next week.

The first quarter of 2009, presented as a outcome of the centered and underneath 1.6 liters displacement vehicles and vehicle buy levy by half of the grants proceed to the rural areas motorcycle, automobile output and sales development displaying a stepwise tendency of year-on-year traveller vehicle sales development to accomplish the double. Displacement 1.6 liters and underneath the first quarter of the traveller vehicles traded a total of 1.41 million last year, an boost of 21.7% over the identical time span, total traveller vehicle market share of three quarters, dragging effect on the market significantly.

Miao yu said, if the implementation of these policies for numerous time in the car sales market later the stimulation, afterward leisurely chilly, we will examine the introduction of more forceful incentives.

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