Original title: Activating the second-hand car market, supporting the consumption of new energy vehicles, and improving the parallel import policy of automobiles – new measures to promote automobile consumption
Activating the used car market, supporting the consumption of new energy vehicles, and improving the parallel import policy of automobiles… The executive meeting of the State Council held recently focused on promoting automobile consumption, deploying a series of policy measures from various aspects. .
Second-hand car circulation accelerates
The meeting proposed to activate the second-hand car market and promote car renewal consumption. For small non-operating used cars, the move-in restrictions on vehicles that meet the National V emission standards will be completely lifted from August 1. From October 1, auto sales companies will implement separate endorsement management and issue temporary license plates when applying for transfer registration.
In recent years, China has introduced a series of relevant policies to support the circulation of second-hand cars, including the cancellation of the restrictions on the movement of second-hand cars, the reduction of value-added tax for second-hand car dealerships, and the cross-province registration of second-hand car transactions. Although China‘s second-hand car circulation environment has improved significantly, its development is still immature compared to countries with mature car markets such as Europe, America and Japan. Cui Dongshu, secretary general of the Passenger Car Market Information Joint Committee, told this reporter: “The development of my country’s used car industry has not yet gotten rid of the situation of ‘small, scattered and weak’, with restrictions on the movement of used cars, the constraints of taxation methods and the lack of temporary property rights. Registration was once an important factor hindering the convenient circulation of used cars.”
In May of this year, the State Council issued the “Package of Policies and Measures for Solidly Stabilizing the Economy”, proposing to comprehensively cancel the policy of restricting the relocation of used cars, to cancel the restrictions on the relocation of small non-operating used cars that meet the National V emission standards, and to improve the used car market. Provisions on the administration of subject registration, filing and vehicle transaction registration.
The National Standing Committee clearly proposed to speed up the activation of the second-hand car market, and gave a clear implementation date for relevant measures such as the comprehensive cancellation of the restrictions on the movement of second-hand cars. “Completely canceling the relocation restrictions on used cars will greatly promote the flow of second-hand cars, further enrich the source of vehicles in the second-hand car market, and promote the formation of a unified national market for second-hand car transactions. Especially for car dealers, this is undoubtedly a ‘gift package’. “Cui Dongshu said.
China Automobile Technology Research Center China Automobile Strategy and Policy Research Center pointed out that it is predicted that about 4.9 million old cars in the country will be updated this year. Based on the average price of new cars of 150,000 yuan, the renewal of these old cars is expected to bring this year. 735 billion yuan of consumption-driven effect.
Support new energy vehicle consumption
The meeting made it clear that the consumption of new energy vehicles should be supported. The vehicle purchase tax should be mainly used for highway construction, etc., considering the current actual research on the extension of the new energy vehicle purchase tax exemption policy after it expires at the end of the year. Break the local protection of the new energy vehicle market.
“The cumulative sales of new energy vehicles has risen sharply from 20,000 at the end of 2012 to 11.08 million at the end of May this year. Since 2015, the production and sales have ranked first in the world for seven consecutive years.” Xin Guobin, vice minister of the Ministry of Industry and Information Technology, said recently that China The new energy automobile industry has now become an important force leading the transformation and upgrading of the global automobile industry.
Since September 1, 2014, China has implemented the exemption of vehicle purchase tax for new energy vehicles. After the implementation of the policy, the purchase cost of new energy vehicles has been effectively reduced, which directly promotes the consumption of new energy vehicles. Under the current policy, the tax exemption will expire on December 31, 2022.
The China Automotive Strategy and Policy Research Center of China Automotive Technology Research Center pointed out that this regular meeting clearly proposed to consider the current actual research on the issue of the extension of the new energy vehicle purchase tax exemption policy, which will promote relevant departments to speed up research, comprehensively consider tax revenue, industrial development, etc. Key factors, put forward practical policy plans, and better play the guiding role of policies on the industry.
Cui Dongshu suggested that the vehicle purchase tax exemption policy for new energy vehicles should be extended until 2023, and the implementation method of gradually restoring the vehicle purchase tax should be studied, and the vehicle purchase tax should be turned into a tool to stimulate the consumption of new energy vehicles to ensure a smooth transition. Continuously increase the penetration rate of new energy vehicles.
Consumers will have more choices
The meeting emphasized that it is necessary to improve the parallel import policy of automobiles, develop automobile financial leasing in an orderly manner, and support the construction of parking lots.
According to Cui Dongshu, for consumers, parallel imported cars simplifies the circulation process, allowing consumers to buy imported cars at a more affordable price; the parallel import policy of automobiles has realized the simultaneous listing of foreign products in the Chinese market and enriched the car models. type, favored by consumers.
Since the State Council deployed the pilot program of parallel import of automobiles in 2014, the scope of pilot parallel import of automobiles has gradually expanded, the import volume has continued to grow, and imported models have become more and more abundant. It has played an important role in meeting the diverse needs of consumers. Up to now, 22 of the 29 vehicle import ports in the country are carrying out parallel import business of automobiles.
Cui Dongshu said: “This time, the parallel import policy has been clarified and improved again, which will help to solve the key problems faced by the development of parallel import of automobiles as soon as possible, and also help to comprehensively expand the pilot effect. It is also good news for consumers, which will help Restore consumer confidence and stimulate consumer demand.”