Gao Feng, spokesman of the Ministry of Commerce, said on the 4th that China will start from key aspects such as optimizing the environment, increasing supply, promoting upgrading, and expanding consumption, and take multiple measures to promote the healthy and stable development of the automobile consumer market.
In response to the impact of the VAT rate reduction on automobile consumption, Gao Feng said that after the introduction of the VAT rate reduction policy in manufacturing and other industries, some automobile companies have lowered vehicle sales prices, and the prices of oil prices, auto parts and other related products have also been reduced. This reduces the cost of buying and using a car for consumers; At the same time, automobile manufacturers can also invest more funds in product upgrading to provide consumers with more and better choices. Overall, the reduction of the VAT rate is conducive to promoting automobile consumption.
According to reports, in 2018, automobile consumption above designated size accounted for 26.8% of the retail sales of social consumer goods above designated size. Gao Feng said that the Ministry of Commerce will take multiple measures with relevant departments to promote the healthy and stable development of China's automobile consumer market from key aspects such as optimizing the environment, increasing supply, promoting upgrading, and expanding consumption. These measures include focusing on strengthening the enforcement of behaviors such as failure to disclose prices as required, mark-up sales, compulsory tie-in sales, and illegal restrictions on dealer operations; further promote the parallel import of automobiles; Promote the introduction of regulations, rules and relevant national standards to promote the scrapping and renewal of old motor vehicles and second-hand car trading, cancel the total control of motor vehicle recycling enterprises, release the remanufacturing and reuse of the "five major assemblies" of scrapped motor vehicles, and fully cancel the restrictions on the relocation of second-hand vehicles; Actively promote the development of automobile events, automobile tourism, automobile culture, automobile modification and other related industries, and deeply tap the potential of the automotive aftermarket. (Reporter Feng Qiyu)