Drafted by the Ministry of Commerce led by automobile exports “national strategy” is called “China’s auto exports overall strategy,” strategy include – improving the export capacity of its own brand, and strengthen the innovative capability of enterprises, transformation, and improve trade growth.

China’s auto exports in the second period of the program milestones. These objectives are as follows: 2011, annual export growth rate of 20% by 2015, the annual growth rate of 15%, the average annual growth rate for 2020 is 10%.

In November 2008 by the global financial crisis, China’s foreign trade continued to the end of seven years of rapid growth momentum, the auto industry did not escape. In the ensuing 2008 annual meeting of China’s auto parts industry, the Ministry of Commerce official with the Department Electrical and described in more detail to promote the export of seven measures for vehicles. Including: common platform construction, support brand-building, credit financing, mitigate risks, support the export base, providing information services and support “going global strategy” such as the specific content.

” ‘Overall strategy’ on the basis of these elements, but also adds some new content. For example, for the financial crisis, the trend of trade protectionism under the Ministry of Commerce is increasing free trade area negotiations. ” Industry source said, according to the aforementioned. Although it is difficult, but the Commerce Department is still actively promoting free trade area negotiations, the first half of this year or next year, China and Norway and Costa Rica free trade agreements is likely to be completed, the two were China’s first in Europe and Central America a free trade partner.

In addition, the “state has also been supporting the automotive exports. For example, the automobile export bases, will require 100 million yuan in the eastern provinces have the matching support from the western province of 50 million yuan. These policies will be very soon ‘landing’. ” Another a trade source said. “Short period of time the export decline is not worrying, perhaps, or a good thing,” “up to strategic level, tackling the problem, in the interest of enterprises for export. ”


Article Source:China Sourcing Blog

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