Over the years, China’s encouragement for parts and components companies to enhance their international competitiveness has been mainly reflected in the government’s efforts to create a favorable economic environment and lack of specific parts and components policies and measures. At present, whether it is a vehicle company or an independent parts and components company, it is very supportive of providing tax incentives for vehicle companies that purchase local parts and components.
The “Development Policy for the Automotive Industry†released in 2004 clearly stated that “by 2010, China will become the world’s major automobile manufacturing country†and “to cultivate a batch of spare parts enterprises with comparative advantages to achieve scale production and enter into international auto parts procurement. System, actively participate in international competition." Today, China has become the world's largest producer and seller, but our parts and components are still unable to compete with the world.
At present, China has few specific policies on the production of auto parts in the field of encouraging auto parts. Industry insiders said that only when the preferential tax policies are deepened into the entire auto company's procurement process, can the auto parts companies really benefit, so as to encourage autonomy. The purpose of the development of parts and components companies.
Under the background of encouraging independent innovation, the state has introduced a series of preferential tax policies, focusing on guiding and promoting the reorganization of the auto industry and supporting the independent innovation of auto companies. However, in terms of support for independent autos and parts companies, the only lack of preferential taxation policies is to go deep into the procurement of parts and components.
In 2009, the six ministries and commissions including the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance jointly issued opinions to promote the sustained and healthy development of automotive product exports, and clarified the phased objectives of China's auto and component product exports in different periods. The opinions for the first time clarified the development goals for the export of automobiles and parts products: the export of automobiles and components will strive to achieve an average annual growth of 10% from 2009 to 2011; by 2015, the export of automobiles and parts will reach US$85 billion with an average annual growth rate. About 20%; By 2020, China's auto and auto parts exports will account for 10% of the total global auto product trade.
“The state has more and more tax incentives for automakers to develop independently, but there are not many companies that can benefit indirectly from their own parts and components companies.†A company boss reluctantly said. In the current state, it is not only difficult for autonomous parts and components companies to obtain orders from joint ventures, but even self-owned brand automobile companies tend to purchase foreign-invested parts and components, which indirectly affects the enthusiasm of auto parts companies for independent research and development.
It is precisely because of the current lack of tax support for auto parts companies to purchase autonomous parts and components in the procurement process, which affects the development of autonomous parts and components companies to some extent. "Inciting the enthusiasm of auto companies, especially automakers of self-owned brands, to procure their own auto parts and components can really promote the rapid development of auto parts companies," an industry source revealed.
The “Development Policy for the Automotive Industry†released in 2004 clearly stated that “by 2010, China will become the world’s major automobile manufacturing country†and “to cultivate a batch of spare parts enterprises with comparative advantages to achieve scale production and enter into international auto parts procurement. System, actively participate in international competition." Today, China has become the world's largest producer and seller, but our parts and components are still unable to compete with the world.
At present, China has few specific policies on the production of auto parts in the field of encouraging auto parts. Industry insiders said that only when the preferential tax policies are deepened into the entire auto company's procurement process, can the auto parts companies really benefit, so as to encourage autonomy. The purpose of the development of parts and components companies.
Under the background of encouraging independent innovation, the state has introduced a series of preferential tax policies, focusing on guiding and promoting the reorganization of the auto industry and supporting the independent innovation of auto companies. However, in terms of support for independent autos and parts companies, the only lack of preferential taxation policies is to go deep into the procurement of parts and components.
In 2009, the six ministries and commissions including the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance jointly issued opinions to promote the sustained and healthy development of automotive product exports, and clarified the phased objectives of China's auto and component product exports in different periods. The opinions for the first time clarified the development goals for the export of automobiles and parts products: the export of automobiles and components will strive to achieve an average annual growth of 10% from 2009 to 2011; by 2015, the export of automobiles and parts will reach US$85 billion with an average annual growth rate. About 20%; By 2020, China's auto and auto parts exports will account for 10% of the total global auto product trade.
“The state has more and more tax incentives for automakers to develop independently, but there are not many companies that can benefit indirectly from their own parts and components companies.†A company boss reluctantly said. In the current state, it is not only difficult for autonomous parts and components companies to obtain orders from joint ventures, but even self-owned brand automobile companies tend to purchase foreign-invested parts and components, which indirectly affects the enthusiasm of auto parts companies for independent research and development.
It is precisely because of the current lack of tax support for auto parts companies to purchase autonomous parts and components in the procurement process, which affects the development of autonomous parts and components companies to some extent. "Inciting the enthusiasm of auto companies, especially automakers of self-owned brands, to procure their own auto parts and components can really promote the rapid development of auto parts companies," an industry source revealed.
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