Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Motoring

    More measures needed to promote new energy vehicles

    By LI FUSHENG | China Daily | Updated: 2020-03-23 11:17
    Share
    Share - WeChat
    A street in Chaoyang district, Beijing. China's car sales in February tumbled almost 80 percent year-on-year. [Photo by Li Fusheng/China Daily]

    Planning body calls on departments to increase efforts in boosting consumption

    China's top economic planning body is urging for efforts to improve ways to promote electric cars and plug-in hybrids, as part of the country's overall eco-friendly production and consumption campaign.

    In a notice released last week, the National Development and Reform Commission asked departments including the Ministry of Industry and Information Technology and the Ministry of Finance to come up with better measures to boost production and sales of new energy vehicles.

    The commission also suggested that local authorities, if conditions permit, offer some favorable support to private buyers and procure such vehicles for use in the public sector, including buses, taxis and logistics vehicles.

    This is one of the nation's latest moves to boost its automotive industry that has seen a downward spiral because of a weaker demand in the market and most recently the novel coronavirus outbreak.

    Vehicle sales fell for two years in 2018 and 2019 in the country and they plummeted in the first two months of this year, according to the China Association of Automobile Manufacturers.

    In February, carmakers delivered 310,000 vehicles, down almost 80 percent year-on-year. In the first two months of 2020, vehicle sales totaled 2.24 million in the country, down 42 percent year-on-year.

    Earlier this month, the commission called for relevant departments and local governments to help stimulate demand in the market.

    In terms of new energy vehicles, it asked them to gradually shift the focus of financial incentives from purchases to car uses, including financing building the charging network.

    Stephan Woellenstein, CEO of Volkswagen Group China, said an easy access to charging infrastructure matters a lot to the country's new energy vehicle plan.

    "Charging, along with a number of other benefits, will be the deciding factor whether new energy vehicles will really happen in China," said Woellenstein.

    "This would be for me the main point, it's not about unsustainable subsidies."

    He said carmakers should play their role as well by coming up with good vehicles that attract customers from gasoline vehicles.

    Volkswagen is introducing its electric and plug-in hybrid models into the country and aims to sell 1.5 million a year in 2025.

    Besides new energy vehicles, the commission said it encourages cities that limit license quotas to increase the number of license plates available to the public. Analysts said cities with such restrictive measures include Beijing, Shanghai as well Guangzhou and Shenzhen in South China's Guangdong province, and people there on average have a higher income level and thus good purchasing power.

    Analysts and industry insiders are calling the government to take action to help the industry that accounts for around 10 percent of China's GDP over in the difficult days ahead.

    Great Wall Motors and GAC Group have lowered their sales targets, and many other companies including subsidiaries of China's largest carmaker SAIC Motor are cutting salaries of their employees because of lackluster sales.

    Dong Yang, vice-president of think tank China EV 100, estimated that vehicle sales could fall by 10 percent year-on-year if the government does not offer favorable policies.

    Even with such policies in place, the market could see a fall of around 5 percent from 2019, he said.

    1 2 Next   >>|
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    中文字幕无码毛片免费看| 久久精品无码专区免费东京热| 黄A无码片内射无码视频| 久久丝袜精品中文字幕| 无码毛片一区二区三区视频免费播放| 国产丰满乱子伦无码专区| 亚洲中久无码不卡永久在线观看| 水蜜桃av无码一区二区| 国产成人无码AV麻豆| 人妻少妇久久中文字幕一区二区| yy111111少妇无码影院| 亚洲国产精品无码久久SM| 最近最新免费中文字幕高清| 亚洲精品无码日韩国产不卡?V | 佐藤遥希在线播放一二区| 精品无码一区二区三区爱欲九九| 精品无码一区二区三区电影 | 中文字幕无码高清晰| 无码任你躁久久久久久久| 无码精品久久久天天影视| 亚洲人成无码网站| 国产成人无码区免费网站| 国产精品99久久久精品无码| 亚洲AV中文无码乱人伦在线视色| 日本中文字幕在线2020| 人妻少妇精品中文字幕av蜜桃| 中文无码成人免费视频在线观看| 免费无码又爽又黄又刺激网站 | 无码激情做a爰片毛片AV片 | 人妻精品久久无码区| 亚洲AV无码成人精品区蜜桃| 亚洲精品无码Av人在线观看国产| 国产色无码精品视频免费| 亚洲AV无码一区二区乱子伦| 亚洲国产精品成人精品无码区| 成人无码免费一区二区三区| 亚洲午夜国产精品无码老牛影视| 亚洲综合av永久无码精品一区二区| 毛片免费全部播放无码| 亚洲AV无码成人精品区天堂| 国产精品无码一区二区三级|