·Ministry of Commerce: Automobile sales are expected to stabilize in 2017

Sun Jiwen, spokesperson of the Ministry of Commerce, said that in view of the comprehensive impact of the rapid growth of automobile sales in 2016 and the weakening of the preferential policies for small-displacement passenger car purchase tax, it is expected that the annual automobile sales will show a steady trend. Slow overall situation.

The data shows that in the first quarter of this year, China's auto sales increased by 7% year-on-year, slightly higher than the annual growth rate of 5% predicted by the China Association of Automobile Manufacturers. Sun Jiwen analyzed that this was mainly due to the growth of domestic auto market demand, especially due to the increase in demand for bulk commodity transportation and the increase in infrastructure construction projects. Commercial vehicle sales in the first quarter grew rapidly, with a year-on-year growth rate of 22.9%. Sales volume increased by 30.1% year-on-year, which is obvious for the overall sales growth of automobiles.

It is worth noting that passenger car sales, which accounted for 85% of total car sales, increased by 4.6% year-on-year, and were slightly lower than the institutional forecast. "In view of the comprehensive impact of the rapid growth of automobile sales in 2016 and the weakening of the preferential policies for small-displacement passenger car purchase tax, it is expected that the annual automobile sales will show a general trend of slowing down." Sun Jiwen said .

Recently, in order to promote the sustainable and healthy development of the automobile market, the Ministry of Commerce has issued the "Measures for the Management of Automobile Sales." From breaking the single-brand licensing model, promoting the establishment of a new type of market-subject relationship, highlighting the protection of consumer rights and interests, accelerating the transformation of government management methods, and eliminating the licensing system for brand authorization, it has received attention from all sectors of society.

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