Car manufacturing no longer be encouraged

Apr 2
08:54

2012

jodie mht

jodie mht

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This is according to China's automobile industry development to make the normal adjustment, does not exist problems of tightening, also are affect existing joint venture automobile company in China continue to operate.

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With the approval of the state council,Car manufacturing no longer be encouraged Articles the national development and reform commission, the ministry of commerce recently released new revised the foreign investment industrial guidance catalogue (2011 revision) ", since on 30 January 2012 promulgation. Released in 2007 of the foreign investment industrial guidance catalogue (2007 revision) "and stop the execution.The revised the catalogue, considering the domestic automobile industry of the healthy development of requirements, the auto manufacturing entries to delete from the encouraged category, into the permit classes; In the encouraged category increased the new energy vehicles such as key parts entries.The new catalogue issued, have foreign media said China's tightening of foreign investment auto industry policy, will reduce automobile industry to the support of the overseas. In fact, it is a kind of misread.The national development and reform commission in charge of relevant departments said it will auto manufacturing entries from the use of foreign capital in the encouraged to delete, is because of China's vehicle manufacturing capability has some surplus, and the enterprise too much. This is according to China's automobile industry development to make the normal adjustment, does not exist problems of tightening, also won't affect existing joint venture automobile company in China continue to operate.China automobile enterprise have excess capacity too much riskAt present domestic auto enterprise, more than 130 are in the world, it is the most car powers. Top 10 domestic production automobile group about 83%, the rest of the enterprise accounted for only 17% of the market. Over the past two years, automobile industry m&a only changan restructuring changhe, GuangQi restructuring changfeng and hafei memorandum, general pace or too slow. China's automobile industry big but not strong, and the dispersion situation couldn't solve. Therefore, strictly control the new vehicle enterprise has become a consensus, foreign investment is no exception.With the top two years in the domestic market situation is good, auto makers have formulated ambitious to expand capacity plan, some new project is expected to put into production in in the two years. With half of the slowdown in growth, some manufacturers of new capacity may vent. From the curb excess capacity of car, for complete vehicle project examination and approval two years this has been tightening. But this does not mean that the tightening of the auto industry of foreign investment policy, just lead to backup camera more foreign capital market prospect, investment return higher project.Auto industry use of foreign investment policy has not changedUtilization of foreign capital is the core of Chinese the opening-up policy. Since the 1980 s, China's automotive field foreign direct investment to yield the substantial result. Major multinational auto giant successively set up a joint venture in China automobile enterprise, has also attracted a large number of auto parts giant factories to invest in China. The joint venture enterprise, bring the technology, capital and models, and promote the rapid development of China's automobile industry. At present the domestic car by the joint venture enterprise production is 70%, the most profitable in high-end cars, basically is a joint venture of the world. Auto enterprise with foreign investment of the auto industry of China has become an important part.Through the production sales in China, China has become the general public, multinational car company the largest market in the world.With China's continuous three years as the world's largest auto producers and new car market. Chinese production models and brands in the world also first. In China after the car into a joint venture era today, China continues to welcome foreign investment into China automotive field, but not before use of mode. After the car in joint venture era, the Chinese government encourages multinational auto company set up in China automobile research and development center, the investment car key technology and components.Guide to the foreign car key technology and componentsThe national development and reform commission pointed out about chief, new the catalogue is a further open up to the outside world. Increase the encouraged category entries, reduce the restricted category and prohibited items class. At the same time, cancel part of foreign joint field restrictions, have joint requirements than the directory entry to reduce article 11. Two is to promote manufacturing to upgrade. Will advanced manufacturing as encourage foreign investment of the key areas, promote foreign investment using new technology, new technology, new material and new equipment, transform and car DVD upgrade traditional industries. Three is to train the strategic new industry. Encourage foreign investment in the energy conservation, environmental protection, a new generation of information technology, biological, high-end equipment manufacturing, new energy and new materials, new energy vehicles and strategic new industry. Four is to promote the development of service industry. Actively guide foreign investment service industry and promote industrial structure adjustment. Five is to promote balanced development among regions.The new catalogue of the encouraged category of 19 "transportation equipment manufacturing industry", a detailed list of encourage foreign investment projects, including: automobile engine manufacturing and engine research and development organization construction, key automotive spare parts manufacturing and key technology research and development, automobile electronic device manufacturing and r&d, new energy key automotive spare parts manufacturing.The project includes rose more than 70 gasoline engine power, double clutch transmission and a series of China's automobile industry to the shortage of technology. Thus, China has not tightening of the auto industry of the foreign merchant to investment, just put the investment focus from the vehicle manufacturing to key automotive technology and components.