National regular meeting: To further release the potential of automobile consumption to support the consumption of new energy vehicles

Li Keqiang presided over an executive meeting of the State Council, and made arrangements to continue to do a good job in flood control and disaster relief, so as to ensure the safety of people’s lives and property.

The meeting listened to a report on stabilizing grain production, and further deployed measures to ensure a bumper grain harvest throughout the year.

The meeting pointed out that in the face of the current complex and severe international environment with severe inflation, we must focus on running our own affairs well. Stabilizing prices is crucial to stabilizing the broader economy. Stable and increased grain production is a key measure to stabilize prices and improve food security, and is also conducive to the stability of the world food market. This year’s summer grain wheat has increased production and a bumper harvest, and the quality is better than normal. The output of miscellaneous grains and soybeans has increased slightly, and the output of rapeseed has increased significantly. Nearly 80% of corn has been sown in summer. This was hard-won and provided solid support for the stable grain production throughout the year.

The meeting determined policies to increase auto consumption support, and decided on measures to improve the funding system of the Natural Science Foundation.

The meeting pointed out that it is necessary to further unleash the potential of automobile consumption. Support the consumption of new energy vehicles. The vehicle purchase tax should be mainly used for highway construction, considering the current actual research on the extension of the new energy vehicle purchase tax exemption policy.

The meeting pointed out that in order to further unleash the potential of automobile consumption, the first is to activate the second-hand car market and promote automobile renewal consumption. For small non-operating used cars, the move-in restrictions will be completely lifted from August 1, and the transfer registration will be separately endorsed and issued with temporary license plates from October 1. The second is to support the consumption of new energy vehicles. The vehicle purchase tax should be mainly used for highway construction, considering the current actual research on the extension of the new energy vehicle purchase tax exemption policy. The third is to improve the parallel import policy and support the construction of parking lots. The implementation of the policy predicts an increase of about 200 billion yuan in automobile and related consumption this year.