In August, the increase in automobile production and sales of more than 30 % promoted consumption policies to continue to be effective

On September 10, the Ministry of Industry and Information Technology announced the data of automobile production and sales in my country in August. The automobile production and sales were 2.395 million and 2.383 million, respectively, a year -on -year increase of 38.3%and 32.1%, respectively, and continued to maintain rapid growth. Among them, the production and sales of new energy vehicles reached a record high, and the production and sales were 691,000 and 666,000, respectively, an increase of 1.2 times and doubled year -on -year.

Data show that from January to August, my country's automobile production and sales were 16.967 million and 16.86 million, respectively, an increase of 4.8%and 1.7%year -on -year. The production and sales of new energy vehicles were 3.97 million and 3.86 million, respectively, an increase of 1.2 times and 1.1 times year -on -year, and the market share was 22.9%. Among them, the production and sales of pure electric vehicles completed 3.111 million and 3.04 million, respectively, doubled year -on -year.

The strong car production and sales and the recovery of consumption have benefited from densely released support policies. At the end of May, the four departments jointly issued the "Notice on Carrying out the 2022 New Energy Vehicle Going to the Countryside", the Ministry of Finance, and the State Administration of Taxation to reduce some passenger vehicle purchase tax; The notice of expanding some measures for car consumption "; in August, the State Council's executive meeting decided that the policy of exemption from vehicle purchase tax exemption from new energy vehicles was extended to the end of 2023. In addition, it has also issued a purchase subsidy policy to purchase small fuel vehicles and new energy vehicles.

With the continuous improvement of logistics and supply chains, the channel inventory of the automotive industry chain is abundant, and a series of incentive policies are superimposed to effectively stabilize the performance of the auto market. Since June, my country's monthly production and sales growth rate has continued to increase continuously year -on -year. According to data from the Ministry of Industry and Information Technology, in June, automobile production and sales increased by 28.2%and 23.8%year -on -year, respectively, and car production and sales in July increased by 31.5%and 29.7%year -on -year, respectively.

Jiang Han, a senior researcher at Pangu Think Tank, told the Securities Daily that a new round of car go to the countryside is not simply to increase sales, but also based on guiding the transformation and upgrading of the automotive industry and meeting the consumption upgrade of residents. The length of the automotive production industry chain can drive many upstream and downstream companies. At the same time, as a labor -intensive industry, it can absorb a lot of labor. Therefore, driving the growth of the automotive industry is of positive significance for economic development.

Wu Qi, Executive Dean of the Wuxi Digital Economic Research Institute, said in an interview with the Securities Daily that the automobile manufacturing industry is the pillar industry of my country's national economy, and it is obvious to the upstream and downstream industries.

According to the latest data from the State Administration of Taxation, from June to August of this year, about 3.53 million vehicles enjoyed the reduction of vehicle purchase tax reduction policies, and the cumulative reduction of 23.04 billion yuan in taxi purchases was reduced. The relevant person in charge of the State Administration of Taxation said that the number of vehicles and reduced taxes that enjoy policies showed a monthly growth trend, showing that the policy gradually exerted its strength and the benefits of the benefits were steadily expanded.

Speaking of the future demand of the automotive market, Wang Dongwei, chairman of China -Thailand Capital Investment Management Co., Ltd., told the "Securities Daily" reporter: "As consumers' requirements for quality and brands have increased, the demand for the mid -to -high -end automobile market has a significant growth rate. Auto companies companies. To seize development opportunities, you need to actively improve the brand and open global sales. In the future, car companies with high -end and high -end brands and global market layout capabilities will enjoy more development dividends. "

- END -