At present, China's auto parts industry lags behind the development of the entire vehicle, and the ability to manufacture parts and components is seriously insufficient. Wan Guanqiu, chairman of Wanxiang Group’s Board of Directors, suggested that taking the international financial crisis as a turning point, the company will adopt a policy tilt, help improve the concentration of parts and components, and increase the concentration of parts and components industry to cultivate a large number of international large-scale parts and components companies. .

First, the policy supports the joint reorganization of parts and components companies. Especially in the process of Chinese-funded enterprises acquiring foreign-funded and technologically strong enterprises, the state can grant anti-monopoly review exemptions, ease the approval of foreign exchange controls, simplify project approval, and change the main body of the project, but it is not easy to avoid policy approvals such as EIA approval. The second is to support investment in R&D of new energy products in financing and taxation. The third is to increase the support for import discount interest, reduce the cost of key equipment investment, and support the development of high, refined, sharp products.

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