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1、ChinaAimstoReachtheLevelofAdvancedCountriesin2010byPromotingReorganizationofCompaniesUndertheNewAutomobileIndustryDevelopmentPolicyOutline InJune1,2004,theChinesegovernmentofficiallyannouncedandenforcedtheAutomobileIndustryDevelopmentPolicy(newautopolicy),whichreplacestheIndus
2、trialPolicyfortheAutomobileIndustry(formulatedin1994)asanewsignpostandpolicyfordevelopmentoftheautomotiveindustry.Thenewautopolicydoesnotchangethecurrentmovetowardtheexpansionofapartnershipwithforeignautomakers.ThenewpolicyaimstomakeChinajoinwithmajorautoproducingcountriesbythe
3、standardsofdevelopedcountriesin2010usingapartnershipwithforeigncapitalasthedrivingforce. InlinewiththeannouncementofthenewautopolicyandAutoChina2004(the8thBeijingMotorShow),whichopenedonJune9th,theannouncementofChinesebusinessplanswassuccessivelymadebyautomakersworldwide.Thesc
4、aleofChinesebusinessbymajorglobalautomakers,includingplansalreadyrevealedbyeachautomaker,willamounttomorethan7.3millionayearinseveralyears.→theNewAutoIndustryDevelopmentPolicyOfChina■China,focusingonthebalanceofdevelopment,aimstotakeaplaceamongmajorautoproducingcountriesby2010
5、 China'svehicleproductionsurpassed3.2million(including1.15millionpassengercars),theproductiontargetfor2005undertheTenthFive-YearPlan(2001-2005)fortheAutomotiveIndustryinChina,whichwasannouncedinJune2001.Theproductionvolumeamountedto4.44millionin2003(including2.19millionpassenge
6、rcars). AgainstthebackdropofrapidgrowthandundertheAutomobileIndustryDevelopmentPolicy(issuedinJune2004),whichservesasguidanceforChina'sautomobilepolicy,thefollowingobjectivehasbeenset:ThefosteringofChina'sautomotiveindustryintoacoreindustryofthenationaleconomyby2010,theforming
7、ofindustryintoanexportingindustryincluding,asthesubjectofthepolicy,cooperativedevelopmentwithrelatedindustryandtransportationinfrastructureandthefosteringofasoundautomobileconsumermarketwhilepreventingseveremaladjustmentfromoccurringduetoarapidgrowth.■China'sOutputofAutomobiles
8、(10,000units)Note:Thetargetfigurefor2005is3.2millionun