New Energy Auto Joint Venture Shares Released
- May 14, 2018 -

New energy auto joint venture shares released

The new opening posture of the Chinese auto industry is of concern. Following the announcement by President Xi Jinping at the Boao Forum for Asia in 2018 that “the equity ratio restrictions for foreign automakers will be liberalized as soon as possible”, on April 17, 2018, the National Development and Reform Commission of the People's Republic of China further clarified the auto industry’s shares than the open ones. schedule.

"This is an initiative for China to further open up to the outside world," said the director of the Institute of World Economics at the Shanghai Academy of Social Sciences, who weighed the report to the First Financial reporter. He pointed out that China's manufacturing industry has been open for nearly 40 years. The Chinese auto industry has been greatly promoted by opening up its own development. At present, from the perspective of production, the market share of supply and demand has reached a new stage. The immediate need is to improve quality, including satisfying consumers. Demand for international brands and related services. Further opening up will, on the one hand, help to increase China's auto industry's own strength in competition and cooperation, and on the other hand it will also help reduce the prices of related products and services.

In terms of trade-offs, we need to stand at a higher level and look at the ratio liberalization and sole proprietorship opening in a larger format.