Russia will open China's auto parts into the market to draft bills

The chairman of Russia’s State Duma Investment Management Committee, Dr. Federlov, said to the Taiwanese on Wednesday that at present, the Russian State Duma is actively drafting a bill on “importing auto parts for countries such as China”. Feidlov stressed that this will give the Chinese The opportunity for auto parts manufacturers to provide competition in the Russian market is conducive to the mutual enhancement of Russia-China trade volume.

When meeting with Zhang Zhiping, chairman of the Board of Directors of Hong Kong Dongying Investment Corporation, the chairman of the Russian State Duma Investment Management Committee stated that facing the reality of the shrinking auto market in Russia, the Russian state is actively adjusting its policies and preparing to introduce series to encourage foreign auto parts and components. The entry of businessmen into the Russian market will help the Russian auto industry to develop as quickly as possible to meet the needs of the people.

Feidrov pointed out that due to the recovery of the Russian economy and growing demand, the government plans to gradually increase the tariffs on foreign auto imports to stimulate international automakers to build factories in Russia and increase domestic auto production. Feidlov said that the Russian market was once the largest exporter of Chinese cars. Due to the increase of tariffs, Chinese cars almost withdrew from the Russian market. In 2007, China exported nearly 108,000 cars to Russia. Since the end of 2008, Chinese auto exports to Russia have rapidly declined. The percentage of imported Chinese cars in 2010 was almost zero.

According to Federov, passenger car sales in Russia continued to increase in the first seven months of 2010, an increase of 9% in the first seven months compared to the same period in 2009. However, the fundamental reason for the lack of competitiveness of Chinese cars in the Russian market is the conflict between China's auto product structure and Russian products. China’s cars and Russia’s main light-weighted Lada have contests, so Russia has taken measures to restrict it. Second, China has used “grey” to enter customs to pass used cars, resulting in low prices. Other modified cars are randomly lengthened and widened. Raise the height, cause safety quality problems and so on. Federov said.

Chairman of the Russian State Duma Investment Management Committee, Federov; “We actively open the door for foreign investment, and we also wait for the introduction of the law to welcome Chinese auto parts into the Russian market”

Hong Kong investor Zhang Zhiping also stated that as an entrepreneur who has successfully acquired and invested in Russia, in the automotive industry investment and market entry, Chinese auto companies face the rising tariffs of Russian autos and a series of policies formulated by Russia to protect and support the auto industry in Russia. , Chinese car companies urgently need to change their export growth methods. To use their own brand, through cooperation with Russian companies, to assemble and produce auto parts or assembly vehicles in Russia, thereby avoiding tax barriers and occupying the market. Among them, how to enhance the brand and more widely recognized by the international community is the key to success.