According to the financial Associated Press, a few days ago, it was learned from a number of industry insiders that the “car to the countryside” policy is expected to be introduced in early June, encouraging models within 150000 yuan, and the subsidy range for each vehicle may be 3000 yuan to 5000 yuan.
The report said that this round of “cars to the countryside” will include fuel vehicles and new energy vehicles. Some industry experts predict that “going to the countryside” will promote the sales of 200000 ~ 300000 fuel vehicles and 300000 ~ 500000 new energy vehicles. According to this volume calculation, the total amount of subsidies related to this round of “automobile going to the countryside” will reach more than 1.5 billion yuan, up to about 4 billion yuan.
In this regard, the relevant person in charge of the China Automobile Association responded to the reporter of the daily economic news: “false news”.
Although the authenticity of the above news has not been finalized, many netizens have begun to look forward to it. A netizen left a message saying: “the policy of going to the countryside by car is really very good, and the degree of subsidy is also very large!”
Source: Sina Weibo
“If there is a new car online, I will choose the” DMI “mode for a long time.”
Source: Sina Weibo
Affected by the epidemic, the production and sales of China’s auto market fell in April. According to the data of the passenger car Federation, in April this year, the retail volume of China’s passenger car market was 1.042 million, a year-on-year decrease of 35.5% and a month on month decrease of 34%. The year-on-year and month on month growth rate of China’s passenger car retail volume were the lowest in the history of that month; From January to April this year, the cumulative retail sales of passenger cars in China was 5.957 million, a decrease of 800000 over the same period last year, a year-on-year decrease of 11.9%.
“The decline in China’s passenger car retail sales in April was mainly affected by the sporadic outbreak of the epidemic throughout the country. The national passenger car retail sales lost a lot in the first four months of this year.” Cui Dongshu, Secretary General of the national passenger car market information joint committee, said in a telephone interview with the reporter of the daily economic news.
What is more noteworthy is that the growth rate of China Shanxi Guoxin Energy Corporation Limited(600617) passenger car market also slowed down under the influence of the epidemic. According to the data of the passenger Federation, in April, the wholesale volume of Shanxi Guoxin Energy Corporation Limited(600617) passenger cars was 280000, an increase of 50.1% year-on-year. Cui Dongshu said that according to the previous trend of China Shanxi Guoxin Energy Corporation Limited(600617) auto market, if not affected by the epidemic in April, the wholesale sales of new energy passenger vehicles will reach 450000. In other words, affected by the epidemic, the wholesale volume of Shanxi Guoxin Energy Corporation Limited(600617) vehicles decreased by 170000 in mid April.
In this context, the general office of the State Council issued the opinions on further releasing consumption potential and promoting sustainable recovery of consumption in April this year, pointing out the development direction for automobile consumption. For example, support the accelerated development of new energy vehicles; Encourage and guide large commercial circulation enterprises, e-commerce platforms and modern service enterprises to extend to rural areas, and promote brand consumption and quality consumption into rural areas. Focus on automobiles and household appliances, guide enterprises to carry out sales promotion in rural areas, encourage qualified areas to carry out new energy vehicles and green smart appliances to the countryside, and promote the construction of charging piles (stations) and other supporting facilities.
Prior to this, the plan for promoting agricultural and rural modernization in the 14th five year plan issued by the State Council also mentioned that areas with conditions are encouraged to carry out the renewal of rural household appliances, implement the subsidy for furniture and home decoration to the countryside and a new round of automobile to the countryside, so as to promote the renewal of durable consumer goods for rural residents.
“At present, the growth rate of consumption and income of rural residents in China is higher than that of urban residents, which has great potential. Effective and accurate industrial stimulus policies are expected to boost the demand of the automobile industry.” Capital Securities said in the relevant research report.
In fact, China once carried out the activity of “automobile to the countryside” in 2009 and achieved phased results. In January 2009, the “plan for the adjustment and revitalization of the automobile industry” released by the State Council proposed to allocate 5 billion yuan of funds in the new central investment to give a one-time financial subsidy to farmers who buy minibuses with a displacement of 1.3 liters or less and who report the waste of three wheeled vehicles or low-speed trucks for light trucks from March 1 to December 31, 2009.
Affected by this positive effect, China’s mini car market increased by 1 million in 2009. With the one-year extension of the implementation of the “automobile to the countryside” policy in early 2010, China’s overall automobile sales growth from 2009 to 2010 reached 45.5% and 32.5% respectively.
In the past two years, China has also actively carried out the rural activities of new energy vehicles, which has significantly driven the overall new energy vehicle market. According to the data of China Automobile Association, the cumulative sales volume of new energy rural models has exceeded 900000 in the first 11 months of 2021 alone. The cumulative sales volume of China Shanxi Guoxin Energy Corporation Limited(600617) automobile from January to November 2021 was about 2.99 million, a year-on-year increase of 1.7 times. This also means that the contribution rate of new energy rural models to Shanxi Guoxin Energy Corporation Limited(600617) car market in the first 11 months of 2021 is close to 30%.
“With the effective resumption of work and production in and around Shanghai, the worst time has passed. With the recovery of social and economic activities caused by policy stimulus and Epidemic Links, the demand for cars is expected to recover significantly.” Capital Securities said in the relevant research report.
