This morning, the National Development and Reform Commission held a special press conference to introduce the situation regarding the deepening of the national unified market construction. At the press conference, the relevant person in charge of the Ministry of Commerce stated that in the trade-in work for consumer goods, foreign-funded enterprises should be supported equally. The relevant person in charge indicated that they will continue to implement the national treatment for foreign-funded enterprises, leverage the work of the key foreign-funded project task force, improve the complaints mechanism for foreign investment, and ensure fair competition for both domestic and foreign enterprises. In the trade-in work for consumer goods, foreign-funded enterprises should be supported equally. In the scrapping and updating of Autos, foreign brand new cars account for about 35%, driving rapid growth in sales for foreign-funded car manufacturers. Meanwhile, many foreign nationals have also benefited from the trade-in subsidies. (CCTV News)
商务部:一视同仁支持外资企业参与以旧换新政策
Ministry of Commerce: Support foreign-funded enterprises equally to participate in the trade-in policy.
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