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    The new energy vehicle shares have been abolished than the foreign companies.

    The new energy vehicle shares have been abolished than the foreign companies.

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    [Abstract]:
    A month ago (June 28), the State Development and Reform Commission and the Ministry of Commerce issued the "Special Management Measures for Foreign Investment Access

    A month ago (June 28), the State Development and Reform Commission and the Ministry of Commerce issued the "Special Management Measures for Foreign Investment Access (Negative List) (2018 Edition)". One month later (July 28) the negative list was formally implemented. At the same time, the "Guidance Catalogue for Foreign Investment Industries (2017 Revision)" included the "Special Management Measures for Foreign Investment Access". Non management measures (negative list of foreign investment admittance) should be abolished. The 2018 edition of the negative list has been reduced from 63 items to 48 items, and a total of 22 measures have been introduced to open up the service sector. The first is to substantially expand the opening up of the service sector, the second is to basically liberalize the manufacturing sector, and the third is to liberalize access to agriculture and energy resources. In the field of automobile manufacturing, the restriction on the ratio of foreign shares in special vehicles and new energy vehicles will be lifted from July 28, the restriction on the ratio of foreign shares in commercial vehicles will be lifted in 2020, the restriction on the ratio of foreign shares in passenger vehicles will be lifted in 2022, and the restriction on the number of joint ventures will not exceed the two restrictions, which basically coincides with the opening schedule of the ratio of automobile joint ventures issued by the Development and Reform Commission . It is the fortieth anniversary of China's reform and opening up to the outside world that special vehicles and new energy vehicles have become the front-runners of China's automobile industry. It is pointed out from the analysis that the order of the whole share ratio restriction liberalization can be found that the cancellation of the automobile industry joint venture ratio restriction in China is actually from strong to weak order liberalization. Choosing the special vehicle market and the new energy vehicle market as the breakthrough point is to start the reform from the strong side. Public data show that China's special-purpose vehicle production in 2017 1.6 million vehicles, an increase of 38.7% compared with the same period, China's overall vehicle market output of 28.12 million vehicles, a growth rate of only 3.2%. At present, the market is mainly in the hands of state-owned enterprise groups such as FAW Group, Dongfeng Automobile, China Heavy Auto and so on. Foreign-funded enterprises in this field are relatively at a disadvantage. Therefore, starting from the special vehicle market segmentation, the release of joint venture ratio restrictions will not affect the pattern of the special vehicle market, but also gradually open the whole industry to the joint venture ratio restrictions.

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