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1、ChinaAimstoReachtheLevelofAdvancedCountriesin2010byPromotingReorganizationofCompaniesUndertheNewAutomobileIndustryDevelopmentPolicyOutline InJune1,2004,theChinesegovernmentofficiallyannouncedandenforcedtheAutomobileIndustryDevelopmentPolicy(newautopolicy),whichreplacesthe
2、IndustrialPolicyfortheAutomobileIndustry(formulatedin1994)asanewsignpostandpolicyfordevelopmentoftheautomotiveindustry.Thenewautopolicydoesnotchangethecurrentmovetowardtheexpansionofapartnershipwithforeignautomakers.ThenewpolicyaimstomakeChinajoinwithmajorautoproducingcoun
3、triesbythestandardsofdevelopedcountriesin2010usingapartnershipwithforeigncapitalasthedrivingforce. InlinewiththeannouncementofthenewautopolicyandAutoChina2004(the8thBeijingMotorShow),whichopenedonJune9th,theannouncementofChinesebusinessplanswassuccessivelymadebyautomakers
4、worldwide.ThescaleofChinesebusinessbymajorglobalautomakers,includingplansalreadyrevealedbyeachautomaker,willamounttomorethan7.3millionayearinseveralyears.→theNewAutoIndustryDevelopmentPolicyOfChina■China,focusingonthebalanceofdevelopment,aimstotakeaplaceamongmajorautoprodu
5、cingcountriesby2010 China'svehicleproductionsurpassed3.2million(including1.15millionpassengercars),theproductiontargetfor2005undertheTenthFive-YearPlan(2001-2005)fortheAutomotiveIndustryinChina,whichwasannouncedinJune2001.Theproductionvolumeamountedto4.44millionin2003(inc
6、luding2.19millionpassengercars). AgainstthebackdropofrapidgrowthandundertheAutomobileIndustryDevelopmentPolicy(issuedinJune2004),whichservesasguidanceforChina'sautomobilepolicy,thefollowingobjectivehasbeenset:ThefosteringofChina'sautomotiveindustryintoacoreindustryofthena
7、tionaleconomyby2010,theformingofindustryintoanexportingindustryincluding,asthesubjectofthepolicy,cooperativedevelopmentwithrelatedindustryandtransportationinfrastructureandthefosteringofasoundautomobileconsumermarketwhilepreventingseveremaladjustmentfromoccurringduetoarapi
8、dgrowth.■China'sOutputofAutomobiles(10,000units)Note:Thetargetfigurefor2005is3.2millionun
