exclusive! Xiao Yaqing, Minister of Industry and Information Technology: Sales of new energy vehicles this year may significantly exceed expectations (including video)

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On March 5, Xiao Yaqing, minister of the Ministry of Industry and Information Technology, said in an exclusive interview with the China Securities News and China Securities Taurus reporter that the sales of new energy vehicles in mainland China in January and February this year were very good, both increased by more than 1 times, and it is expected to achieve the expected target this year, and may even significantly exceed the expected target.

The high prosperity of new energy vehicles will continue

The government work report submitted to the Fifth Session of the 13th National People's Congress for deliberation on the 5th pointed out that it will continue to support the consumption of new energy vehicles and encourage localities to carry out green smart home appliances to the countryside and replace old with new.

At the previous press conference of the State Council New Office, Xiao Yaqing said that in order to promote the smooth operation of the industrial economy, multiple measures will be taken to expand consumer demand, and policies such as new energy vehicle purchase subsidies, charging facilities awards, and vehicle and vessel tax reductions and exemptions will continue to be implemented. At the same time, new energy vehicles, green smart home appliances, and green building materials will be carried out to go to the countryside.

The high prosperity of new energy vehicles is still continuing. The data shows that during the "13th Five-Year Plan" period, the annual sales of new energy vehicles in mainland China increased from 507,000 units in 2016 to 1.367 million units in 2020, with an average annual growth rate of 28%. In January 2022, the production and sales of new energy vehicles in mainland China reached 452,000 units and 431,000 units, respectively, up 1.3 times and 1.4 times year-on-year, respectively.

"The development of the new energy automobile industry in the mainland has entered a new stage of large-scale and rapid development, and it is expected to maintain a high-speed growth trend this year." Xin Guobin, vice minister of the Ministry of Industry and Information Technology, said at the press conference of the State Council New Office that the Ministry of Industry and Information Technology will pay close attention to studying and clarifying support policies such as the continuation of preferential tax treatment for new energy vehicles, optimize the "double integral" management method, do a good job of effective connection with subsidies, and stabilize market expectations.

In 2022, the Ministry of Industry and Information Technology will also support the development of the new energy automobile industry through a number of measures. For example, we will promote the integration and development of electrification and intelligent network technology, further improve the performance of power battery safety and low temperature adaptation, accelerate the application of 5G and vehicle-road collaboration technology, develop more functions such as leisure and entertainment, life services, and automatic driving that meet consumer needs, and continuously improve the product quality and driving experience of new energy vehicles.

In addition, the CSRC recently announced the reply to the proposals proposed by the two sessions of the National People's Congress in 2021 that in the next step, the People's Bank of China and the CSRC will combine their respective functions to improve the financial service system for new energy vehicles, guide financial institutions to meet the reasonable financing needs of new energy automobile enterprises in accordance with the principles of risk control and commercial sustainability, and support qualified new energy automobile enterprises to list and raise funds in the capital market.

Institutions: The impact of factors such as the decline of subsidies for new energy vehicles is limited

In the face of the decline of new energy vehicle subsidies and other factors, many institutions believe that cost pressures such as the decline of new energy vehicle subsidies and rising resource prices have limited impact on the new energy market, and long-term optimism about the development prospects of the industry.

Guotai Junan Research Report said that it is expected that the sales of new energy vehicles in the mainland will exceed 5.5 million in 2022, and global sales are expected to reach 10 million.

CITIC Securities Research Report said that with the stable landing of the subsidy policy in 2022, the continuous launch of superimposed high-quality models has made it clear that the general trend of intelligent electric vehicles in the industry will continue to accelerate in the future, and promote the upward trend of electrification and intelligentization.

Huachuang Securities believes that the sales off-season in January is not weak, laying a high growth trend for the whole year, and is optimistic that in 2022, under the trend of "accelerating the diversification of supply-side models + oem electric vehicle production and supply + further strengthening of the consumption attributes of the tram market", the annual sales volume is expected to exceed 5 million vehicles.

The deputies and members of the two sessions of the National People's Congress suggested the development of new energy vehicles

The development of the new energy automobile industry is also one of the hot topics that the deputies and members paid attention to during the two sessions.

Lei Jun, deputy to the National People's Congress and chairman and CEO of Xiaomi Group, suggested accelerating the construction of high-power fast charging infrastructure for new energy vehicles. Specifically, we should strengthen policy guidance, comprehensively promote the planning and layout of high-power fast charging networks, form a national innovation cooperation platform, strengthen joint research on core technologies, strengthen construction service guarantees, and promote the popularization of high-power charging infrastructure.

In order to maintain the good development momentum of the mainland's new energy automobile industry and actively cultivate the new energy vehicle market, Ding Shiqi, a deputy to the National People's Congress and deputy general manager of Tongling Nonferrous Metals Group, suggested that the subsidy policy for new energy vehicles be postponed and the purchase tax and vessel tax be exempted until 2025. At the same time, we will vigorously accelerate the construction of supporting facilities for new energy vehicles to ensure the healthy and rapid development of the industry.

Encourage the application research and development of 5G at the individual user level

Xiao Yaqing also responded to the questions of the China Securities News and China Securities Taurus reporters about the application of 5G in the interview on the 5th. He said that the current work on 5G is mainly to promote applications, and the current application effect in some large areas is very good, "We are encouraging the application research and development of 5G at the level of individual users." ”

The government work report submitted to the Fifth Session of the 13th National People's Congress for deliberation on the 5th proposed to build digital information infrastructure, promote the large-scale application of 5G, promote the digital transformation of the industry, and develop smart cities and digital villages.

5G has become an eye-catching business card of the mainland. Tian Yulong, chief engineer and spokesman of the Ministry of Industry and Information Technology, previously said that the mainland's 5G network has covered all prefectures and cities in the country and all counties and urban areas, and 87% of townships and towns, and the coverage has remained leading in the world. According to data from the Ministry of Industry and Information Technology, as of now, China has built and opened more than 1.42 million 5G base stations, and the goal of 5G network construction in 2022 is to build more than 600,000 new 5G base stations. In this way, it is expected that by the end of 2022, the total number of 5G base stations on the mainland will reach 2 million.

Tian Yulong said that it is necessary to further promote the demonstration of "5G + industrial Internet" application scenarios, carry out 5G + medical health, 5G + smart education pilots, and continuously deepen and expand to agriculture, cultural tourism and other fields. For personal applications, a number of new intelligent terminals and APP should be launched to further enhance the 5G experience of users.

During this year's two sessions, some representatives and members actively offered suggestions and suggestions for 5G applications. Zhang Yunyong, member of the National Committee of the Chinese People's Political Consultative Conference and general manager of Yunnan Unicom, also pointed out to the China Securities News and China Securities Taurus reporter that the current personal applications that make full use of the 5G features have not really been popularized, resulting in a serious lack of public access to 5G applications. He believes that the lack of terminal support capacity is one of the main reasons affecting the widespread popularity of 5G public applications, and it is recommended to accelerate the opening of the end-to-end 5G public application service system, promote the support and implementation of 5G functional features and 5G applications on the terminal, and incorporate the use of 5G messages, 5G enhanced calls, 5G network slicing into the 5G personal application measurement system, and take the above functions as a mandatory choice for mobile phone network access.

Editor: Li Ruoyu Ya Wenhui