www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Auto China

Door opens for removal of stake caps for carmakers

By Li Fusheng (China Daily) Updated: 2016-07-25 08:06

Door opens for removal of stake caps for carmakers

Workers decorate the Dongfeng Hongda exhibiting area at an auto show in Fuzhou, Fujian province. [Photo/China Daily]

China is allowing foreign auto-parts makers to conduct research and production in the country without partnering with local companies in a trial move experts believe may signal the imminent removal of investment restrictions on international carmakers.

The nation promulgated an industrial policy in 1994 that demands foreign automakers and spare-parts producers who want to localize production in China must establish joint ventures, in which their stake must not exceed 50 percent.

The State Council said on July 19 that makers of auto electronic systems and batteries for new-energy vehicles in the free trade zones of Shanghai, Tianjin, Guangdong and Fujian are exempt from the policy, and revisions will be made based on this latest move.

Its statement came within a month of Xu Shaoshi, minister of the National Development and Reform Commission, admitting at the Summer Davos meeting in Tianjin that the Chinese government is considering lifting the current 50 percent cap, which protects domestic automakers.

Zhang Zhiyong, an independent auto analyst in Beijing, said the move can be seen as an experiment to see what results the removal of the cap will produce and whether such results will remain under control.

He said a combination of factors were prompting the government to lift the cap, including the lackluster performance of State-owned carmakers and China's investment negotiations with the United States and European countries.

Miao Wei, minister of industry and information technology, said in April that the US had voiced strong dissatisfaction with the stake cap in business discussions.

"So it is inevitable that China will lift the cap sooner or later, and now it is simply a matter of time," Zhang said.

However, he warned that the cap removal will hurt the auto industry, especially the big State-owned companies, such as FAW and Dongfeng, which have been dependent on foreign brands for years.

Statistics from the China Association of Automobile Manufacturers show that eight of the top 10 makers of passenger cars by sales last year were joint ventures, and the two Chinese brands that made it into the top 10 occupied seventh and ninth positions.

Whether China should remove the cap has been a heated topic in its auto industry.

Li Shufu, chairman of Zhejiang Geely Holding Group Co, has advocated the removal of the cap for many years.

"The policy is like parents giving excessive protection to their children," said Li. "Unfortunately such protection will not ensure their prosperous development and will, instead, weaken their ability to innovate and compete."

One of the most adamant defenders of the protection policy is Dong Yang, executive vice-president of the China Association of Automobile Manufacturers.

He warned in 2014 that Chinese brands would be "killed in the cradle" if foreign automakers were allowed to become more independent from their domestic partners, saying whoever supports removing the cap is "a traitor to the country".

Zhang said State-owned automakers would be forced to reform themselves if they have to face even fiercer competition from international rivals.

However, he added that an effective solution would be for the government to develop strategies about how to build competitive brands in a comprehensive and systematic way, "instead of coming up with plans for one or two specific automakers".

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 中文字幕国产一区 | 亚洲人成网国产最新在线 | 久久se精品一区二区国产 | 美女张开腿让男人操 | 亚洲欧美在线观看 | 亚洲欧美在线免费观看 | 成人性版蝴蝶影院污 | 欧美精品综合一区二区三区 | 在线观看国产一区二区三区 | 久久精品一 | 国产成人午夜精品免费视频 | 青青草色久综合网 | 日韩三级小视频 | 亚洲网站黄色 | 狠狠色综合久久丁香婷婷 | 91 久久| 日韩毛片欧美一级a网站 | 欧美三级毛片 | 亚洲国产成人精品久久 | 亚洲欧美一区二区视频 | 国产精品午夜性视频网站 | 黄色毛片视频网站 | 久久曰视频 | 欧美一区二区三区在观看 | 国产成人综合精品一区 | 一区二区三区视频在线 | 成人网视频在线观看免费 | 青青草国产免费久久久91 | 在线视频 中文字幕 | 亚洲国产成人麻豆精品 | 日本一级特黄特色大片免费视频 | 萌白酱粉嫩jk福利视频在线观看 | 亚洲欧美视频一区 | 特级a欧美孕妇做爰片毛片 特级a欧美做爰片毛片 | 国产欧美日韩三级 | 久章草视频| 国产欧美久久久精品影院 | 亚洲国产一区在线 | 91视频国产一区 | 99九九成人免费视频精品 | 麻豆69堂免费视频 |