In 1st July, customs of imported vehicle decreased to 25％, vehicle transportation accident responsibility compulsion insurance is formally realized, side and rear impact safety standard is implemented.
As last year, 1st July 2007 is also a “new policy day”. From 1st July 2007, many new policies will be implemented, including new vehicle 7 boat tax, national Ⅲ auto emission standard, life-long vehicle identification and Floating Pricing Mechanism on vehicle transportation accident responsibility compulsion insurance. All these automotive consuming policies will influence the auto market in the second half-year.
4 New Auto Policies Will be Implemented in July
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