Market & Industry
State Council reiterated to increase alternative energy vehicles’ proportion greatly
State Council reiterated to increase alternative energy vehicles’ proportion greatly

On December 19th, the State Council officially released the Plan for the development of Strategic Emerging Industries in 13th five-year.

Dec. 21 , 2016
Increasingly Fierce Champion Competition in China between GM and Volkswagen
Increasingly Fierce Champion Competition in China between GM and Volkswagen

Near the end of the year,sales performances in Chinese market of each auto enterprises make people excited. However, for Volkswagen and GM, the overall performances of the single market in China will also determine the rank.

Dec. 20 , 2016
Purchasing tax preferential policy will make end on the year after next, hitting down auto sales
Purchasing tax preferential policy will make end on the year after next, hitting down auto sales

China auto market will turn to marketization in 2018, saying goodbye to purchasing tax preferential policy.

Dec. 20 , 2016
SAIC to be shareholder of Hongyan and will integrate Yuejin business into MAXUS
SAIC to be shareholder of Hongyan and will integrate Yuejin business into MAXUS

According to cvworld.cn, SAIC announced on Dec 16th that, it would enlarge the scale of stock right in SAIC-IVECO HONGYAN Commercial Vehicle Co., Ltd by increasing capital.

Dec. 20 , 2016
Micro low-speed electric vehicles faced with the policy standardization
Micro low-speed electric vehicles faced with the policy standardization

In October this year, standardization administration issued the third batch of 2016 revision plan of national standards, including the "technical specifications for four-wheel low-speed electric vehicles".

Dec. 19 , 2016
K line graph: Chinese car exports raised for four consecutive months
K line graph: Chinese car exports raised for four consecutive months

According to China Automotive Industry Association, production and sales volumes of cars continued to increase in November and hit a new high, with both month-on-month and year-on-year growth surpassed 10%.

Dec. 19 , 2016