日本无限资源_福禄影院午夜伦_美国av毛片_亚洲自拍在线观看_激情亚洲一区国产精品_999久久久久

Economic Watch: China's NEV industry to see intensified competition with shrinking subsidies

Source: Xinhua| 2019-07-25 20:51:05|Editor: Li Xia
Video PlayerClose

BEIJING, July 25 (Xinhua) -- China's new energy vehicles (NEVs) sector is set to witness more intensified competitions as the country has been slashing subsidies for green cars, according to analysts.

Starting June 26, subsidies to NEV buyers may decrease as much as 58 percent, according to a document released earlier by the Ministry of Finance.

The move came as China has been cutting subsidies for the NEV sector since 2017, which were expected to be completely scrapped by 2020.

The subsidy withdrawal was adopted given that China's NEV industry has begun to take shape, said Zhou Yi, an assistant researcher of the Development Research Center of the State Council.

Thanks to the policy support, China's NEV sector has expanded robustly, with sales surging to more than 1.26 million units by the end of 2018 from fewer than 10,000 in 2009.

With lower subsidies, Chinese NEV manufacturers will face intensified competition not only from fuel vehicle producers but also domestic and foreign NEV companies, Zhou said.

Currently, profit margins of the NEVs are rather low compared with traditional fuel vehicles while the cost of manufacturing will increase significantly after the subsidy drops, said Chen Shihua, an assistant to the secretary-general of the China Association of Automobile Manufacturers (CAAM).

As a result, the prices of green cars are bound to rise, according to Cui Dongshu, secretary-general of the China Passenger Car Association.

Besides, more foreign NEV brands have entered the Chinese market after the government relaxed restrictions on foreign investment in the auto market since 2019, which will also increase the competitive pressure on domestic producers.

Market demand for green cars is likely to shrink in the short run, said Lu Fuyong from the University of International Business and Economics, noting that uncertainties still exist concerning the great amount of capital attracted by the fast-rising NEV market and whether it will stay active or not as the green car market levels off.

Commenting on challenges brought by the policy change, Lu said the way to win out in the fierce market competition for NEV manufacturers lies in improving the quality of products and offering better technical services.

The rapid advance of science and technology revolution brings a more intense integration between the latest information technology and the auto industry, said Shi Jianhua, deputy secretary with CAAM, suggesting the NEV manufacturers should try harder in making their products smarter to attract more consumers.

In the first half of 2019, a total of 617,000 units of NEVs were sold, up 49.6 percent year on year.

Chen maintained a cautiously optimistic forecast of green car sales for 2019, estimating that they would reach 1.6 million this year.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001382578291
主站蜘蛛池模板: 色就是色网址 | 国产无遮挡猛进猛出免费软件 | 久久久人妻无码A片一区二区三区 | 黑人大战欲求不满人妻 | 日本很黄的打屁股网站 | 奇米影视四色影音先锋 | 国产国产成年年人免费看片 | 国产精品亚洲片在线观看不卡 | 国产高清学生妹在线观看视频一区 | 成年女人免费又黄又爽视频 | 人妻系列无码专区免费视频 | 久久久久狠狠高潮亚洲精品 | 国产亚洲精品91 | 91大神新作在线观看 | 少妇一级淫片免费看 | 99热这里只有精品9988 | 亚洲国产在 | 少妇中文字幕乱码亚洲影视 | 国产中文字幕视频 | 亚洲中文日产2021 | 豪放女大兵在线 | 又粗又大又黄又硬又爽免费看 | 国产精品99在线观看 | 国产成年女人毛片80s网站 | a级爱爱片 | 中文字幕不卡一区 | 免费看裸体美女脱了衣服露视频胸 | 欧美乱大交xxxxx春色视频 | 久久国产精品_国产精品 | 欧美精品在线一区二区三区 | 最新韩日剧情片在线免费观看 | 国产精品3| 被老头玩弄邻居人妻中文字幕 | 色欲A∨无码蜜臀AV免费播 | xxx国产精品视频 | 国产福利91| 亚洲一区二区三区无码久久 | 黑人粗大猛烈进出高潮视频 | 男男gaygays熟睡入侵视频 | 3344永久在线观看视频免费 | 亚洲精品国产成人 |