How do you view the negative year-on-year growth of auto production and sales in 2018? Minister of Industry and Information Technology Miao Wei said..

At a press conference held by the Information Office of the State Council on 29 January, Miao Wei, Minister of Industry and Information Technology, introduced the overall situation of China's industrial economic operation in 2018 and answered hot issues in the field of industrial communications. Talking about how to treat the problem of negative year-on-year growth in production and sales of China's auto industry in 2018, Miao Wei said that there were two reasons for the decline: externally, limited purchases, restrictions on the number of trains and other factors; Internally, enterprises in the restructuring, transformation and development mode is not fast enough, need time to gradually improve. According to Miao Wei, in 2018, China's industrial economic operation in 2018 showed a generally stable, steady and sound development trend. In 2018, the value-added of the above-scale industries nationwide increased by 6.2% year-on-year, which is in the average growth range of the past three years and in line with the full-year forecast. Among them, referring to several major features of the "advancement" of industry and communications in 2018, Miao Wei pointed out that the role of new kinetic energy has been increasing, with the added value of high-tech manufacturing and equipment manufacturing rising by 11.7% and 8.1% year-on-year, respectively. The output of new energy vehicles and smart TVs, among other products adapted to the upgrading of consumption and the development of intelligence, has maintained rapid growth, with the growth rate of new energy vehicles reaching 40.1% in 2018. "For the first time in 28 years, auto production and sales have been negative, although they have varied from year to year, from high to low." Miao Wei believes that from the perspective of product structure, negative growth mainly occurred in the passenger vehicle sector, commercial vehicles maintained a positive growth trend, while new energy vehicles maintained a high-speed growth Posture of. "A batch of pioneering enterprises have already begun to taste the sweetness, and more enterprises should make efforts in this respect." Miao Wei pointed out that it is necessary to adhere to the supply-side structural reform as the main line to speed up the adjustment of product structure. Externally, Miao Wei disclosed that the Ministry of Industry and Information Technology is also actively working with relevant departments to speed up the study and promulgation of relevant policies, such as accelerating the scrapping and renewal of old cars, promoting the consumption of rural cars, optimizing the circulation environment of second-hand cars, and accelerating the promotion and application of new energy vehicles, so as to stimulate the development of the entire industry with a strong domestic market. In 2018, China's industrial and telecommunications industries also achieved new breakthroughs in opening up to the outside world by removing restrictions on foreign investment in shipbuilding and aircraft manufacturing, as well as restrictions on foreign equity investment in special purpose vehicles and new energy vehicles, while specifying the opening timetable and road map for other types of vehicles. "That general manufacture sector has basically been fully opened up to foreign investment." Miao Wei said. Thanks to this, the actual utilization of foreign capital in China's manufacturing sector reached US $41.2 billion last year, an increase of 22.9 percent over the previous year, accounting for 30.5 percent of the total utilization of foreign capital. A number of major foreign-funded projects in the manufacturing sector have been established in China, and construction of the Tesla Shanghai project began in January 2019. "Tesla's Shanghai project has become the first direct beneficiary of China's further opening-up policy in the automotive industry. Tesla is a global leader in electric vehicles, and its investment in China presents both competitive challenges and cooperation opportunities for China's new-energy automotive and parts companies." Huang Libin, director of the Operations Monitoring Coordination Bureau of the Ministry of Industry and Information Technology, said in response to the hot issue, "We We will encourage various forms of exchanges and cooperation between Chinese and foreign automobiles to jointly promote the development of China's automobile industry in a green and sustainable way. "