New Market Features in China Automobile Industry in 2017

A new round of struggle for the leading role in global automobile industry outbreaks universally, and the only left competitors are Germany, Japan, the U.S. and China. Germany and Japan own the most powerful traditional automobile industry in the world. The booming automobile industry will drive the transformation and upgrade of the overall economic structure in China. In September, 2016, the supervisors of China’s automobile industry proposed a Temporary Concurrent Management Regulation for Corporate Average Fuel Consumption (CAFC) and New-Energy Vehicle (NEV) Credits for public comments, which stipulated that automobile…

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