China’s General Motors News: In 2008, what was the Chinese auto industry’s landscape in this unusual year for Chinese people? The policy is definitely an important force to grasp the market trend. What new policies will be implemented in the new year? What will be the impact on the automotive industry in 2008?
Beijing Formally Implements National IV Standard
From January 1, 2008, Beijing will formally implement the National IV fuel standards and implement the National IV emission standards before the Olympic Games. At present, the implementation plan for the National IV emission standard is being reviewed and approved by the relevant departments such as the State Council, and the deadline for final enforcement has not yet been determined.
However, the relevant authorities said that it will not be too long and will be fully implemented around the Spring Festival. The Beijing Municipal Environmental Protection Bureau has already begun re-approval of the National IV standard model. To date, 16 models of models that meet the national standard IV standards have been published, totaling more than 100 models, and the approval work is still in progress.
New energy vehicles included in encouraging industries
On December 18, 2007, the National Development and Reform Commission released the "Guidance Catalogue for Industrial Structure Adjustment (2007)", and new energy vehicles formally entered the Catalogue of Encouraged Industries of the National Development and Reform Commission. Consumers purchasing new energy vehicles will also receive preferential taxation and other benefits.
The development and reform commission is included in the industry that encourages catalogs. The state will provide support in terms of consumption, production, taxation policies, preferential policies, and examination and approval. Not only will production companies receive relevant benefits and conveniences, but consumers who purchase new energy vehicles will also receive tax incentives, and they may also get convenience in parking, bridges, and highways. Specific support content has yet to be issued by various ministries and commissions.
Lightweight vehicle fuel consumption limit standard implementation
On December 3, 2007, the National Development and Reform Commission announced on its website the “Limits for Fuel Consumption of Light Commercial Vehicles†and stated that the standard will be implemented starting on February 1, 2008. After the implementation of this standard, it will make China’s vehicle energy efficiency standards The regulatory system is gradually perfected.
The objects of the "Standard" implementation are mainly light commercial vehicles with a total mass of under 3.5 tons, usually 9 to 12 seats. In China, they mainly include light trucks and light passengers. At present, their annual sales volume is about 1 million vehicles. The standard stipulates that starting from February 1, 2008, the newly certified basic model car and its deformed car shall meet the requirements of the second stage limit; the production car and its deformed car shall be in conformity with that as of January 1, 2009. The first phase of the limit requirements; from January 1, 2011, all vehicles that are applicable to this standard should meet the second phase limit requirements. After the realization of the second phase of the target, the average fuel consumption of light commercial vehicles in China is expected to decrease by 10% to 15%.