Restructuring and Rejuvenation Program of the Automobile Industry
Restructuring and Rejuvenation Program of the Automobile Industry
Restructuring and Rejuvenation Program of the Automobile Industry
March 20, 2009
As one of the pillar industries of the national economy, the Automobile Industry plays an important role in the national economic and social development because of its long industrial chain, high relevance, involvement of a wide range of employment and powerful stimulus to the consumption demand.
To respond to the impact of the international financial crisis, comply with the overall requirements of the Central Committee of the Communist Party of China (CPC) and the State Council for maintaining the economic growth, boosting the domestic demand and adjusting the industrial structure, stabilize the auto consumption, accelerate the structural adjustment, enhance the capability of independent innovation, boosting the industrial upgrade and promote the sustainable, sound and steady development of the automobile industry of our country, this Program is hereby formulated as an action plan for omnibus response measures of the automobile industry. The duration of this Program shall be from 2009 to 2011.
I. The status quo of and situation facing the automobile industry
Since the entry into the 21st century, we have seen rapid development of the automobile industry in China. A production and support system of various types of and a complete series of assembled autos and spare parts has been formed, the industrial concentration has increased incessantly, the product technology level has been improved significantly, and China has become a large auto-maker in the world. However, such problems as unreasonable industrial structure, low technical level, weak capability of independent development and imperfect consumption policies still stand out, and the restraints on the automobile industry in terms of energy, environmental protection and urban traffic are appearing with each passing day. Since the second half of 2008, with the spread and worsening of the international financial crisis and the serious shrink of the international auto market, the domestic auto market has suffered a huge impact. As a result, the whole industry has seen a negative growth in production and sale, decrease of economic benefits of major enterprises and lack of strength to develop our own brand sedans. The development of our automobile industry is facing a stern situation.
It should be noted that restructuring is an essential requirement of the further development of the industry. After years of rapid growth, it is really necessary for the automobile industry to undergo a thorough adjustment so as to solve the many contradictions accumulated in the internal structure and external environment. The international financial crisis merely triggered the earlier arrival of the restructuring period. At present, the auto market of our country is in the period of growth, the potential demand in the urban and rural markets is huge and the underpinning for the development of our automobile industry has not changed. To actively respond to the international financial crisis and maintain the steady and rapid economic development, we must accelerate the restructuring and rejuvenation of the automobile industry.
II. Guiding ideology, fundamental principles and targets
1. Guiding ideology
We shall thoroughly implement the spirit of the 17th National Congress of the CPC, follow the guidance of Deng Xiaoping Theory and the important ideals of "Three Represents", implement the Scientific Outlook on Development, and put positive consumption policies into practice to develop the urban and rural markets and stabilize and boost the auto consumption demand. We shall regard the restructuring as the main thrust, push forward the merger and reorganization of auto enterprises, intensify the research and development of key technologies, speed up the technical renovation and improve the quality of enterprises. We shall take new-energy autos as a breakthrough, strengthen independent innovations, foster independent brands, and form new competition edges to promote the sustainable, sound and steady development of the automobile industry.
2. Fundamental principles
We shall insist on boosting the domestic demand and attach great importance to combing the fiscal and tax policy incentives with the improvement of the consumption environment. Not only shall we take fiscal incentives to boost the demand in the domestic auto market and ensure the economic growth for the time being, but also proactively improve the consumption policies and foster the consumption markets.
We shall persist in restructuring, and stress on the combination of the market roles and government guidance. We shall, by employing the market mechanism and means of macro-control, give an impetus to the merger and reorganization of enterprises, integrate essential resources, enhance the industrial concentration, and realize the improvement and upgrade of the organizational structure of the automobile industry.
......
March 20, 2009
As one of the pillar industries of the national economy, the Automobile Industry plays an important role in the national economic and social development because of its long industrial chain, high relevance, involvement of a wide range of employment and powerful stimulus to the consumption demand.
To respond to the impact of the international financial crisis, comply with the overall requirements of the Central Committee of the Communist Party of China (CPC) and the State Council for maintaining the economic growth, boosting the domestic demand and adjusting the industrial structure, stabilize the auto consumption, accelerate the structural adjustment, enhance the capability of independent innovation, boosting the industrial upgrade and promote the sustainable, sound and steady development of the automobile industry of our country, this Program is hereby formulated as an action plan for omnibus response measures of the automobile industry. The duration of this Program shall be from 2009 to 2011.
I. The status quo of and situation facing the automobile industry
Since the entry into the 21st century, we have seen rapid development of the automobile industry in China. A production and support system of various types of and a complete series of assembled autos and spare parts has been formed, the industrial concentration has increased incessantly, the product technology level has been improved significantly, and China has become a large auto-maker in the world. However, such problems as unreasonable industrial structure, low technical level, weak capability of independent development and imperfect consumption policies still stand out, and the restraints on the automobile industry in terms of energy, environmental protection and urban traffic are appearing with each passing day. Since the second half of 2008, with the spread and worsening of the international financial crisis and the serious shrink of the international auto market, the domestic auto market has suffered a huge impact. As a result, the whole industry has seen a negative growth in production and sale, decrease of economic benefits of major enterprises and lack of strength to develop our own brand sedans. The development of our automobile industry is facing a stern situation.
It should be noted that restructuring is an essential requirement of the further development of the industry. After years of rapid growth, it is really necessary for the automobile industry to undergo a thorough adjustment so as to solve the many contradictions accumulated in the internal structure and external environment. The international financial crisis merely triggered the earlier arrival of the restructuring period. At present, the auto market of our country is in the period of growth, the potential demand in the urban and rural markets is huge and the underpinning for the development of our automobile industry has not changed. To actively respond to the international financial crisis and maintain the steady and rapid economic development, we must accelerate the restructuring and rejuvenation of the automobile industry.
II. Guiding ideology, fundamental principles and targets
1. Guiding ideology
We shall thoroughly implement the spirit of the 17th National Congress of the CPC, follow the guidance of Deng Xiaoping Theory and the important ideals of "Three Represents", implement the Scientific Outlook on Development, and put positive consumption policies into practice to develop the urban and rural markets and stabilize and boost the auto consumption demand. We shall regard the restructuring as the main thrust, push forward the merger and reorganization of auto enterprises, intensify the research and development of key technologies, speed up the technical renovation and improve the quality of enterprises. We shall take new-energy autos as a breakthrough, strengthen independent innovations, foster independent brands, and form new competition edges to promote the sustainable, sound and steady development of the automobile industry.
2. Fundamental principles
We shall insist on boosting the domestic demand and attach great importance to combing the fiscal and tax policy incentives with the improvement of the consumption environment. Not only shall we take fiscal incentives to boost the demand in the domestic auto market and ensure the economic growth for the time being, but also proactively improve the consumption policies and foster the consumption markets.
We shall persist in restructuring, and stress on the combination of the market roles and government guidance. We shall, by employing the market mechanism and means of macro-control, give an impetus to the merger and reorganization of enterprises, integrate essential resources, enhance the industrial concentration, and realize the improvement and upgrade of the organizational structure of the automobile industry.
......