China’s automobile exports “all the way up”
In recent years, China’s automobile exports have achieved remarkable results and become a force to be reckoned with in the global automobile market.
2023, China’s automobile exports amounted to 4.91 million units, a year-on-year increase of 57.9%, successfully surpassing Japan and topping the global automobile exports for the first time.
This milestone breakthrough not only marks the significant improvement of China’s automobile industry in international competition, but also means that China’s automobile industry, after years of development, has gradually stepped into the center of the world stage.
In this strong wave of exports, new energy vehicles have emerged as an important growth pole. 1.203 million new energy vehicles were exported from China in 2023, a year-on-year increase of 77.6%, accounting for 24.5% of the total automobile exports.
In 2023, China’s exports of new energy vehicles amounted to 1.203 million units, up 77.6% year-on-year, accounting for 24.5% of the total automobile exports.
Behind these eye-catching figures are the results of China’s new energy automobile industry’s unremitting efforts in technological innovation, industry chain improvement and other aspects, showing the firm pace of China’s automobile industry’s transformation to green and intelligent.
The explosive growth of China’s auto exports is not overnight, behind the national policy can not be separated from the strong support.
From industrial planning guidance, to financial subsidies, tax incentives, and then a series of policy combinations such as export facilitation initiatives, a full range of multi-level for the automotive enterprises to go overseas “escort”, to help China’s automobile in the global market to ride the waves, sail away.Next, let us explain in detail these key policies to promote China’s auto exports to new heights.
National policy level favorable successive
(I) Nine departments join hands to escort new energy vehicle enterprises “going abroad”
February 7, the Ministry of Commerce and other 9 departments jointly issued “on the support of new energy automobile trade cooperation and healthy development of opinions”, the heavy launch of 18 policy measures for new energy automobile exports injected “strong heart”.
In terms of enhancing international operation capability, enterprises are encouraged to boldly “go out”.
Support new energy vehicles and their supply chain enterprises to set up R&D centers overseas in accordance with laws and regulations, and “join hands” with top foreign research institutes and industrial clusters to integrate into the global innovation network, and to enhance the innovation capability of design, R&D and other key links.
For example, a well-known new energy vehicle enterprise has set up an R&D center in Europe, and with the help of local talents and technology advantages, it has developed a model that better meets the needs of European consumers, and quickly opened up the market.
Optimize the procedures of export-related links to make the road to the sea smoother.
On the one hand, compressing the processing time for the export of new energy vehicles and power batteries to improve efficiency; actively participating in the formulation of international transportation standards and rules to “clear the way” for export.
On the other hand, strengthen the transportation guarantee, guide shipping enterprises to reasonably expand the size of the ro-ro fleet, and innovate the mode of transportation to alleviate the “last kilometer” lagging pressure.
A port in the Yangtze River Delta has greatly accelerated the speed of export by upgrading the capacity of ro-ro berths and increasing the frequency of new energy automobile ro-ro ships.
Financial support has been unprecedented.Banking institutions have expanded the scale of cross-border RMB settlements to insulate enterprises from exchange rate fluctuations; they have been included in higher-level trade and investment facilitation pilots to simplify business processes, reduce the pressure on enterprises’ capital, and provide a solid backing for exports.
In addition, local and industrial organizations have actively built platforms to help enterprises expand their overseas “circle of friends”.
We have organized brand promotion seminars and supported enterprises to appear in international exhibitions to demonstrate the charm of “Made in China” and enhance the international visibility and influence of brands.
(ii) The National People’s Congress speaks out to improve export support policies
Feng Xingya, a deputy to the National People’s Congress, focused on the pain points of automobile exports and put forward a series of targeted recommendations.
To promote international cooperation in the industry, it advocates the establishment of industrial alliances, combining upstream and downstream enterprises to go overseas in a group, integrating resources, protecting against risks, and building a complete industrial chain ecology overseas.
For example, a number of domestic automobile enterprises and battery suppliers to build new energy automobile industry clusters in Southeast Asia and other places to realize the local supply of parts and components to reduce costs.
Optimize the export regulatory mechanism, call for simplification of the approval process, the implementation of one-stop service, so that enterprises can export declaration more convenient; strengthen the supervision of export product quality, and establish a reputation for the quality of Chinese automobiles.
Strengthen the information and capacity construction, set up an overseas market information platform to provide enterprises with accurate market intelligence to help decision-making; at the same time, increase the investment in shipping capacity to protect the export transportation needs, to ensure that the car can be delivered to consumers around the world in a timely and efficient manner.
Article source: Youhu Automobile
