China to Renew Auto Policies For Healthy Expansion: Vice-premier

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Last updated at: (Beijing Time) Friday, September 12, 2003

China to Renew Auto Policies For Healthy Expansion: Vice-premier

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Chinese Vice-Premier Zeng Peiyan said Thursday in Tianjin that China plans to renew its polices on automobile sector and step up restructuring, while making it easier for consumers to buy and use their auto vehicles so as to promote healthy and stable development of the sector.

The vice-premier made the remarks during a discussion with executives of the country's major auto producers, representatives of auto dealers, auto users, and experts in the port city of Tianjin, north China.

The discussion is part of the government effort to make public consultations on the auto sector, Zeng said.

He said China's auto industry has entered an important period of development as consumer demand and purchasing capacity are increasing, and massive investment in road projects in the past few years has improved the driving conditions for auto users.

Zeng said auto makers will be given more power of decision-making in their production and sales in accordance with the new auto policies.

China will continue to promote international economic cooperation in the auto sector and attach importance to independently developing auto products, and strive to turn China into an important global auto producing centers by making better use of its cheaper labor and rich resources of skilled workers, said Zeng.

He promised to eliminate unreasonable restrictions on car consumption, mainly excessive charges in different forms, and build better infrastructure facilities for car users.

China will continue to follow the policy of sustainable development by encouraging production and use of "environmentally-friendly cars", meaning fuel-efficient cars with relatively low exhaust emissions.

Foreign carmakers have been rushing to China, where car sales soared 56 percent last year to nearly 1.13 million vehicles, making it the world's fourth biggest market just behind the United States, Japan and Germany.

The number of private cars in China totals more than 10 millionunits.

By Jiang Guocheng

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