Ministry of Finance raises energy-saving subsidy threshold and implements new policy

The 2011 China Automotive Industry Development International Forum was held in Tianjin Binhai New Area. The director of the Department of Economic Development of the Ministry of Finance told the younger brother at the forum that from October 1 onwards, the subsidy policy for energy-saving cars will change, and the current amount of subsidies for each car will not change, but the standard threshold will increase.

Energy Saving Subsidy 10 Implementing New Policies The "Energy-saving Products Benefiting People's Project" policy that will be implemented from June 30 last year will face adjustments. The Director of the Department of Economic Development of the Ministry of Finance told Dihai that the implementation of a new energy-saving vehicle subsidy policy from October 1st, the new subsidy policy raised the threshold, the subsidy amount is still 3,000 yuan, but requires 100 kilometers average fuel consumption from the current 6.9 The rise dropped to 6.3 liters.

In this regard, Luo Lei, deputy secretary-general of the China Automobile Dealers Association, said: "As subsidies standards increase, there will be a considerable number of models out of subsidies." Luo Lei said: "There are currently many joint-venture brands in the models that currently receive energy subsidies, and many models All are best-selling vehicles. If the subsidy cancellation does not affect the sales of these vehicles, it will have the greatest negative impact on the self-owned brand cars.”

Eliminating knock-out standards for 40% of used cars. In August, Beijing turned out 24,979 old cars that were scrapped, an 86% increase compared to the average 7 months prior to the implementation of the policy. As of September 1, there have been 8686 The owner of the car applied for the elimination of old vehicle subsidies.” Du Shaozhong, deputy director of the Beijing Municipal Environmental Protection Bureau, promoted the “Old City Motor Vehicle Dismantling and Renewal Policy” at the forum. He believes that the rapid increase in the phase-out rate indicates the role of policies.

Du Shaozhong said that this policy is to focus on the replacement of high-emission vehicles that are currently in use for more than six years. If it is determined according to the six-year or more limit, Beijing will now have 2 million of the more than 4.9 million motor vehicles in this range. This means that 40% of Beijing's motor vehicles have reached old vehicle subsidy standards.

There is no timetable for the implementation of the National 5 Standard. Since July 1 this year, China has officially implemented the fourth phase emission standard for passenger vehicles. Earlier, there were rumors that Beijing will implement the national 5 emission standard after one year. In response, Zhang Guobao, deputy director of the Economic Committee of the Chinese People's Political Consultative Conference and director of the National Energy Commission's expert advisory committee, said that at present, oil products are not yet available, so it is impossible to state the specific timetable for the implementation of the National 5 standard.

Zhang Guobao believes that while studying new energy vehicles, the state should make further efforts in oil control, especially the control of vulcanization of fuel for vehicles. The non-vulcanized index is that the sulfur content in gasoline is less than 300 PPM. At present, China is still unable to achieve this goal, and the high sulfur content will directly affect the overall popularity of China's national 4 and 5 emission standards.

Experts predict that Xu Changming, director of the information resources development department of the National Information Center, which will continue to grow rapidly in the auto market within 10 years, predicts that the Chinese auto market will continue to maintain rapid growth until 2020. It is expected that from 2009 to 2023, it will be the second period of rapid growth, and the number of vehicles owned by thousands of people will increase from the current 20 to 100. Xu Changming stated that the main reason for making this prediction is that China's economic growth rate can maintain an average annual rate of 10%, while the auto market's growth rate is equivalent to 1.5 times the GPD growth rate.

Xu Changming predicts that in addition to the rapid growth of the automotive market as a whole, the potential growth rate of the luxury car market will also be higher in the coming years, and it will be higher than the overall growth rate of passenger vehicles. In the geographical area, the future second and third tier cities will become the dominant force in the development of China's auto market. Xu Changming said that in the future, the regional market of Chinese autos will be more inclined to “move westward” and “sink down”, that is, the auto market will accelerate the transfer to the positive western and second-tier markets.