China-Singapore Jingwei client, April 10 (Zhang Meng) "China has a large population base and ample potential for development. The car ownership of a thousand people has just exceeded the world average, and there is still a lot of room for development in China's car consumption in the next ten years. At the press conference of the Joint Defense and Joint Control Mechanism of the State Council held on April 9, Wang Bin, head of the Consumer Promotion Department of the Ministry of Commerce, preached.

According to incomplete statistics from Sino-Singapore latitude and longitude clients, there are currently Sichuan, Shanxi, Beijing, Shanghai, Tianjin, Chongqing, Guangdong, Zhejiang, Hubei, Hunan, Henan, Hebei, Liaoning, Hainan, Guizhou, Jilin, Xinjiang, Yunnan, Guangxi , Harbin, Nanchang and other 21 provinces and cities have taken multiple measures to promote automobile consumption.

Data map. Photograph by Zhang Meng

"True gold and silver" subsidy promotion fee

It is found that Shanxi, Sichuan, Guangzhou, Shenzhen, Zhuhai, Foshan, Ningbo, Changsha, Nanchang and other places provide subsidies to consumers who purchase new cars, and cities such as Jiaxing have also issued car consumption vouchers.

Shanxi stipulates that from April 1 to December 31, 2020 (subject to the registration time of motor vehicles). Commercial vehicles such as passenger cars above 7 meters, medium heavy trucks with a load of more than 4.5 tons, and tractors of the same class are awarded 8,000 yuan each; passenger cars such as cars, SUVs and MPVs are awarded 6,000 yuan each; minibuses below 3.5 meters And other commercial vehicles, each reward 4000 yuan.

Sichuan pointed out that from April 10, 2020 to August 10, 2020, rural residents nationwide purchased 3.5-ton trucks or below produced by participating enterprises or passenger cars with a displacement of 1.6 liters or below (including new energy vehicles) ), Car manufacturers in the country within the past year, based on the nation's most favorable price on the basis of rural consumers to give 1,000 yuan / car and more rural car price discount.

Guangzhou made it clear that from March to the end of December 2020, in accordance with the principle of encouraging advanced technology, safety and reliability, individual consumers will be given a comprehensive subsidy of 10,000 yuan per vehicle for the purchase of new energy vehicles.

Su Jian, director of the National Economic Research Center of Peking University, pointed out in an interview with the client of Sino-Singapore Jingwei that the current promotion of automobile consumption in various places is for "promotional expenses and stable growth." There is room for growth in China's auto consumption, and there is potential to drive economic growth.

Senior researcher Ying Xiwen of the China Minsheng Bank Research Institute told the Sino-Singapore Jingwei client that the automobile industry has become an important pillar industry of China's economy in recent years, and the popularity of automobiles has greatly improved the quality of life of our residents. The timely introduction of various regions to promote automobile consumption is not only timely and necessary, not only helps the short-term recovery of the economy, but also conforms to the consumption upgrade and the long-term development direction of the economy.

Data map. Photograph by Zhang Meng

Increase indicators in multiple places and optimize purchase restriction policies

The card found that Guangzhou, Shenzhen and Hangzhou have all introduced policies to increase the purchase restriction indicators, and Guiyang canceled the purchase restriction measures in September 2019. From July 1st, 2019 to December 31st, 2020, Hainan fully liberalized the new energy minibus incremental quota application qualification conditions and number.

Hangzhou stipulates that the target of 20,000 small passenger cars will be increased at one time in 2020. According to the ratio of 3: 1, it can be configured by means of individual ladder and number of counties (cities), that is, 15,000 individual ladders and 5000 counties (cities).

Both Guangzhou and Shenzhen made it clear that from June 1, 2019 to December 31, 2020, there will be an increase of 100,000 and 80,000 small and medium-sized bus indicators.

Jia Xinguang, executive director of the China Automobile Dealers Association, pointed out to the Sino-Singapore Jingwei client that he clearly pointed out that to increase the purchase index, it can be seen that the importance of relaxing purchase restrictions for promoting automobile consumption. During the epidemic, the important task of stabilizing the economy is to stabilize consumption. The focus of stable consumption is on the consumption of commodities, of which the automobile industry occupies an important position.

Yang Chang, a senior economist at the China-Thailand Securities Research Institute, said that the automotive industry chain accounts for a relatively high proportion of the total retail sales of consumer goods. In addition to subsidies for the purchase link, the license link can be appropriately relaxed and the use link can be subsidized. Support it.

Replacing old cars with new ones

It is found that Zhejiang, Shanghai, Nanjing, Changchun, Guangzhou, Foshan and other places give subsidies to those who scrap or sell old cars and buy new ones.

Zhejiang actively guides consumers to retire old high-emission vehicles that do not meet the mandatory scrap requirements in advance, and encourages qualified areas to give certain financial subsidies to the old public vehicles and second-hand vehicles that are voluntarily eliminated in advance. Encourage areas where conditions permit to carry out "new-for-new" sales promotion activities for automobiles, and provide certain financial support.

In Changchun, the owner of a license plate in Jilin Province, based on the old car sales notes or car scrap cancellation certificate from March 20 to June 30, 2020, will be given a one-time subsidy for the purchase of new cars produced in Changchun City and sold in the province. More than 5000 yuan.

In Foshan, the owner of a Foshan number plate car purchases a new car by virtue of an old car sales invoice or a car scrap cancellation certificate. The subsidy amount for each car is 3,000 yuan; The unit price is not less than 500,000 yuan) to 5 or more, and each car can be subsidized up to 5,000 yuan; if consumers buy a new car, the subsidy amount is 2,000 yuan. The above three types of situations cannot be enjoyed repeatedly.

Ying Xiwen believes that the current measures mainly focus on short-term emergency response. In fact, support for the automotive industry should also be based on comprehensive measures in other areas.

According to Xiwen's suggestion, comprehensively upgrade the relevant infrastructure and improve the car environment, including improving the road network construction, developing intelligent transportation systems, increasing parking supply, optimizing road planning, etc .; developing a diversified car culture, such as developing car theaters and motels Facilitate cross-provincial automobile transactions, moderately encourage the culture of modified cars and classic cars, and vigorously develop the stock car industry (car maintenance, beauty), etc.

Su Jian suggested to reduce the taxes related to car purchases, promote the development and improvement of the used car market, and smooth the used car transactions; reduce parking fees and adequately arrange parking spaces in urban areas; reduce the toll rates of highways and bridges. Loans to expressways and bridges are strictly abolished in accordance with the construction agreement. (Sino-Singapore Jingwei app)

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