久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

  Home>News Center>China
       
 

10 years later, China issues new auto lines
By Gong Zhengzheng (China Daily)
Updated: 2004-06-01 22:40

The National Development and Reform Commission Tuesday launched a long-awaited new policy for China's fast-growing auto industry.


A Chinese customer looks at a BMW car in Nanjing, east China's Jiangsu Province. [newsphoto/file]

The new policy release comes just a year after the commission, one of the major watchdogs for the auto industry, issued a draft policy seeking public opinion.

The new auto policy will substitute for the old one issued in 1994 by the State Council, China's cabinet.

It will both loosen and tighten restrictions on foreign investors in the auto industry from different perspectives.

Foreign investors will be allowed to control stakes of more than 50 per cent in automobile and motorcycle joint ventures (JVs) with Chinese partners "if their JVs are built in China's export processing zones and shoot at overseas markets," the new policy states.

Japan's Honda Motors has a 65 per cent share in a JV with China's Dongfeng Motor Corp and the Guangzhou Automobile Group.

All cars to be produced by the JV, located in the export processing zone in Guangzhou in South China's Guangdong Province -- will be exported.

The new policy will permit foreign investors to create more than two JV plants in China to produce same categories of vehicles, if they join forces with their existing Chinese partners to merge other companies in China.

General Motors (GM), the world's No 1 automaker, has four car JVs in China through mergers of local companies jointly with the Shanghai Automotive Industry Corp (SAIC) -- one of China's top three automakers.

Big Chinese automakers will be encouraged to team up with foreign partners to merge both domestic and foreign vehicle producers to "expand business boundaries in line with the auto industry's globalization," according to the new policy.

SAIC in late 2002 joined hands with GM and Japan's Suzuki to take over South Korea's Daewoo Motors.

This is the first overseas auto merger involving a Chinese vehicle maker.

The new policy also expects some internationally competitive Chinese automakers to join the ranks of the world's top 500 multinationals by 2010.

SAIC, which also runs a JV with Germany's Volkswagen, has attempted to become one of the top 500.

"These regulations are in accordance with the auto industry's latest development during the period after China's entry into the World Trade Organization and will speed up the restructuring of the fragmented sector," said Jia Xinguang, an analyst of the China National Automotive Industry Consulting and Development Corp.

There are now some 120 vehicle plants in China.

However, if a foreign automaker controls a relatively majority stake in another foreign firm, they will be treated as one entity when it comes to the requirement on the number of Sino-foreign JVs in China, the new policy states.

One of Chinese shareholders must have a stake bigger than the total of all foreign investors, if a Chinese listed automobile, motorcycle or other special-purpose vehicle producer sells its corporate shares, according to the new policy.

"The two requirements are intended to protect Chinese automakers through measures not violating the nation's commitments to the WTO," Jia said.

Foreign automakers appear cautious to comment on the new policy.

"We are studying the new policy and not yet available for comment," said Ye Wen, a communications manager for Volkswagen's China operations.

The new policy will enhance barriers on domestic non-auto investors in the industry.

Automakers in China that "could not maintain normal operations" will be forbidden to transfer their production permits to non-auto and motorcycle enterprises and individuals, it said.

The State will encourage these automakers to regroup assets with other vehicle producers.

If an automaker goes bankrupt, its production permit will be removed.

State to ensure health of auto market

The new policy said total investment of any new auto project should stand at 2 billion yuan (US$241 million) or more.

Such a project must include a product research and development organization with an investment of no less than 500 million yuan (US$60.4 million).

"The government hopes to use these regulations to cool overheating investment and overcapacity in the auto industry," said Yale Zhang, a Shanghai-based manager of CSM Worldwide, the US auto industry consulting firm.

"Plans of many non-auto enterprises in China, especially privately owned firms, to enter the industry will be derailed by these regulations."

The auto industry is widely seen as one of the overheated industrial sectors in China, thanks to massive investment from foreign automakers, and domestic State and privately owned enterprises.

Total investment in building new auto-making capacity will amount to 216.6 billion yuan (US$25.5 billion) by 2007 in China, according to figures released by the commission earlier.

Annual auto manufacturing capacity will total almost 15 million units in China by then.

Sales of domestically-made vehicles grew by 34 per cent to 4.39 million units last year.

The new policy also aims to foster a national united and open auto market mainly depending on private consumption.

All local governments will be forbidden to take discriminatory action on vehicles produced in other regions, the policy said.

"The State will carry out a national unified vehicle registering and checking system, and local governments cannot do likewise in their own ways," it added.

The Shanghai municipal government still imposes much higher charges on private car buyers than in the other regions in China by auctioning car plates in an effort to control car sales and prevent traffic jams in the city.

Average charges for a car plate in Shanghai stood at more than 34,000 yuan (US$4,100) last month.

A senior official from the Ministry of Commerce claimed around 10 days ago that Shanghai municipal government's action "violates related clauses of the law of road transportation security".

But the municipal government said it will not mend its ways any time soon.

 
  Today's Top News     Top China News
 

10 years later, China issues new auto lines

 

   
 

FM urges early lift of EU arms ban

 

   
 

US agrees to time limit on troops withdrawal

 

   
 

Mooted anti-monopoly law to benefit all

 

   
 

30,000 km highways to create economic hub

 

   
 

Tang: Beijing not behind radio hosts' leave

 

   
  Mainland, Taiwan marrow links set
   
  Nation to fight text message, Internet fraud
   
  China speeds up building west-east oil artery
   
  Premier: High time to liberalize grain trading
   
  Beijing closes down anti-SARS headquarters
   
  Nation's 1st AIDS outpatient service launched
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Auto sector maintains growth trend
   
Auto industry to get new guidelines
  News Talk  
  When will china have direct elections?  
Advertisement
         
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美交换配乱吟粗大25p| 成人免费视频久久| 亚洲成人天堂网| www.九色.com| 中文字幕精品一区二区三区在线| 精品国偷自产一区二区三区| mm131国产精品| 国产 日韩 亚洲 欧美| 三年中文高清在线观看第6集| 日韩免费一级视频| 国产资源中文字幕| 亚洲最大综合网| 成年人网站免费视频| 在线观看中文av| 宅男噜噜噜66国产免费观看| 国产免费内射又粗又爽密桃视频 | 天天综合网久久| 成人毛片视频网站| 久久久99精品视频| 性生活免费在线观看| 欧美日韩精品在线一区二区| 中文字幕黄色大片| 男人插女人下面免费视频| 国产原创中文在线观看| 日本福利视频网站| 蜜臀在线免费观看| 国产aⅴ爽av久久久久| 一级黄色香蕉视频| 国产男女激情视频| 精品中文字幕av| 777777av| 亚洲熟妇无码另类久久久| 欧美做暖暖视频| 波多野结衣激情| 亚洲一区二区图片| 亚欧精品在线视频| 中文字幕剧情在线观看| 亚洲精品手机在线观看| 91香蕉视频污版| 成人性做爰aaa片免费看不忠| 玩弄中年熟妇正在播放| 丰满的少妇愉情hd高清果冻传媒 | 欧美三级午夜理伦三级富婆| 免费黄色特级片| 国产真实乱子伦| 国产激情在线观看视频| 日韩avxxx| 免费裸体美女网站| wwwwww.色| 亚洲欧美激情网| xxx国产在线观看| 夜夜夜夜夜夜操| 小早川怜子一区二区三区| 亚洲18在线看污www麻豆| 在线黄色免费看| 中文字幕在线视频一区二区三区| 午夜大片在线观看| 少妇高潮大叫好爽喷水| 久久国产精品免费观看| 国产一区二区三区小说| 国产白丝袜美女久久久久| 中国丰满人妻videoshd| 日韩毛片在线免费看| 日韩一级理论片| 欧美性受xxxx黒人xyx性爽| 男同互操gay射视频在线看| 成年人看的毛片| 国产又大又硬又粗| 日本肉体xxxx裸体xxx免费| 中文字幕日韩久久| 成人免费性视频| 黄色片视频在线播放| 免费一区二区三区在线观看| 亚洲欧美天堂在线| 欧美狂野激情性xxxx在线观| 黄色免费视频大全| 自拍偷拍21p| 久久综合亚洲精品| 国产亚洲天堂网| 亚洲一区二区福利视频| 嫩草影院中文字幕| 北条麻妃在线一区| 一级日本黄色片| 久草热视频在线观看| 色国产在线视频| 日韩国产成人无码av毛片| 日本免费黄视频| 在线a免费观看| jizzjizz国产精品喷水| 国产欧美一区二| 天堂8在线天堂资源bt| 欧美精品无码一区二区三区| 国内精品国产三级国产aⅴ久| 青青青免费在线| av在线免费看片| 日韩av综合在线观看| 五月天激情视频在线观看| 日韩免费在线观看av| 天天影视综合色| 日韩亚洲欧美一区二区| 日韩免费高清在线| 超级碰在线观看| 欧美三级午夜理伦三级富婆| www.男人天堂网| 老司机久久精品| 男女激情无遮挡| 日本美女久久久| 天天碰免费视频| 福利视频一区二区三区四区| 午夜精品中文字幕| 成年人视频观看| 国产精品免费看久久久无码| 天天天干夜夜夜操| 国产欧美日韩网站| 国产树林野战在线播放| 日本999视频| 日日碰狠狠添天天爽超碰97| 亚洲第一页在线视频| 国产免费人做人爱午夜视频| av动漫在线免费观看| 天天做天天干天天操| 精品久久久久久中文字幕2017| 欧美高清中文字幕| 99热这里只有精品7| 亚洲人视频在线| 少妇av一区二区三区无码| a级网站在线观看| 日本中文字幕影院| 欧美伦理视频在线观看| 成人一区二区免费视频| av中文字幕av| 尤物网站在线看| 91丨九色丨蝌蚪| 校园春色 亚洲色图| 男女午夜激情视频| 你懂的av在线| 97免费视频观看| 9色视频在线观看| 91大神免费观看| 超碰人人草人人| 日本肉体xxxx裸体xxx免费| 国产精品人人妻人人爽人人牛| 久久国产乱子伦免费精品| 男人添女荫道口喷水视频| 麻豆视频传媒入口| 欧美 国产 精品| 国产免费xxx| 成年人视频大全| 亚洲啊啊啊啊啊| www.欧美黄色| 日韩av中文字幕第一页| 欧美精品卡一卡二| www.射射射| 91九色在线观看视频| 欧美国产激情视频| 凹凸国产熟女精品视频| 91专区在线观看| 日韩视频第二页| 亚欧在线免费观看| 欧美大尺度做爰床戏| 中文av一区二区三区| www.污污视频| 大桥未久一区二区三区| 7777在线视频| 国产乱子伦精品无码专区| 无码粉嫩虎白一线天在线观看| 僵尸世界大战2 在线播放| 精品视频在线观看一区| 无码人妻丰满熟妇区96| 久久婷婷国产精品| 午夜免费福利在线| 亚洲第一区第二区第三区| 国产美女视频免费| 国产精品va在线观看无码| 精品少妇一区二区三区在线| 黑森林福利视频导航| 色噜噜狠狠一区二区| 午夜福利123| 97碰在线视频| 欧美激情国产精品日韩| 中文字幕在线观看第三页| 天天操天天干天天做| 国产91视频一区| 欧美a v在线播放| 亚洲精品久久久中文字幕| 欧美在线a视频| 欧美黑人在线观看| 欧洲av无码放荡人妇网站| 手机看片福利日韩| 2021狠狠干| 日本免费一级视频| 天堂视频免费看| 免费在线看黄色片| 欧美黑人又粗又大又爽免费| 91亚洲精品久久久蜜桃借种| 黑人巨茎大战欧美白妇| 国产熟女高潮视频| 欧美日韩在线免费观看视频| 野外做受又硬又粗又大视频√| 男女无套免费视频网站动漫|