Starting from June 1, local governments are prohibited from implementing discriminatory policies against non-local automotive products or those that result in discriminatory outcomes. According to the newly issued "Auto Industry Development Policy," China aims to establish a unified, open automobile market and management system. Local governments are encouraged to promote fair competition among vehicles produced in different regions. All restrictions and additional conditions not aligned with national laws and this policy must be revised or abolished. The state will uniformly set and publish vehicle emission standards, categorizing them as current or expected based on national conditions. Provincial governments may choose to implement either the current or expected standards, but if they opt for the expected standard, they must announce the implementation date at least one year in advance.
The state enforces a unified national motor vehicle registration, inspection, and management system, and local governments are not allowed to create their own rules. When applying for vehicle registration or annual inspections, only certificates required by national laws and regulations, such as ownership proof, vehicle history, manufacturing or import certificates, tax documents, insurance payments, and inspection certificates, should be requested. No additional documentation is permitted. Local governments and relevant departments cannot require the public security traffic management department to inspect extra documents during registration or annual inspections. If the procedures provided by consumers meet state regulations, the public security traffic management department must not refuse registration or inspection.
The new "Automobile Industry Development Policy" follows key principles: combining openness with independent development, expanding enterprise decision-making autonomy, strengthening macro-control, integrating domestic and foreign markets, and pursuing comprehensive, coordinated, and sustainable growth. By improving access rules and taxation measures, the policy encourages the development of the auto industry, promotes local production, fulfills China’s WTO commitments, creates a fair competitive environment, and strives for an open and transparent management system.
Four major issues were addressed in the new policy. Although its introduction was controversial last year, the policy was adjusted from being issued directly by the State Council to being approved by it and released by the National Development and Reform Commission. This year, calls for independent development have grown stronger. The policy now provides detailed regulations on these hot topics, including investment thresholds, joint ventures, and sales networks.
The policy introduces an exit mechanism for automobile and motorcycle production enterprises. Those unable to operate normally must be announced, and their qualifications cannot be transferred to non-automotive entities. Production qualifications cannot be bought or sold, and bankrupt companies must have their announcements canceled. Previously, many outsiders entered the auto industry by acquiring underperforming companies with production licenses. The new policy raises entry barriers, requiring new projects to invest at least 2 billion yuan, with 800 million in self-funded capital, and 500 million in R&D investment. For passenger car and heavy truck manufacturers, engine production must be included.
Foreign joint ventures must maintain at least a 50% stake in Chinese companies. Sales systems are also regulated, requiring domestic and foreign automakers to establish brand sales and service systems. While the policy does not explicitly address the merger of domestic and imported sales networks, it allows for combined sales if authorized. The new policy emphasizes brand sales and after-sales services, setting clear timelines for achieving these goals by 2005 and 2006.
To strengthen R&D capabilities, the policy encourages independent development and intellectual property creation. It also mandates trademark registration for all vehicles sold domestically. The policy promotes private consumption as the main driver of the auto market, addressing concerns about energy use and environmental impact. It guides consumers toward low-emission, small-displacement, and new-energy vehicles while improving the overall consumer environment.
Additional updates include adjustments to the bonded import policy, encouraging used car circulation, promoting energy-efficient vehicles, and standardizing administrative charges. Financial institutions are encouraged to support auto credit, and the state will regulate second-hand car transactions. Overall, the new policy aims to foster a more competitive, transparent, and sustainable automotive industry in China.
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