The reform of refined oil prices and taxes: will the car market make waves as soon as it comes out?

December 5, 2008, Xinhuanet


 


  On the evening of the 5th, the much-watched "Exposure Draft" was finally released. Fuel tax, a focus topic that has never cooled down in China’s auto market for more than a decade, has finally been substantially solved. Fuel tax reform, which has been around for a long time, will be settled as soon as January 1 next year. Will it make the Chinese auto market turbulent this year?   


  Fuel tax reform, wait for more than a decade


  After 11 years of waiting, the fuel tax reform plan has finally emerged. Since the National People’s Congress passed the Highway Law of the People’s Republic of China in 1997, it was first proposed to replace the "maintenance fee" with "fuel surcharge". After 11 years, the "fuel tax" has been ups and downs but failed to be levied, and it has almost become a long-term "heart disease" of the Chinese auto market.


  However, with the collapse of international oil prices in recent months, there is also a "golden opportunity" for domestic fuel tax reform.


  On the evening of the 5th, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Transport and the State Administration of Taxation jointly issued an announcement to solicit public opinions on the "exposure draft" of the refined oil price tax reform plan. According to the plan, this reform will abolish road maintenance fees, waterway maintenance fees, road transportation management fees, road passenger and freight surcharges, waterway transportation management fees, and waterway passenger and freight surcharges, and gradually and orderly cancel the government’s loan repayment of secondary road tolls.


  The reform plan will increase the unit tax of gasoline consumption tax from 0.2 yuan per liter to 1 yuan, diesel from 0.1 yuan per liter to 0.8 yuan, and the unit tax of other refined oil products will be increased accordingly without raising the current price of refined oil. The "Reformation Plan for Refined Oil Prices and Taxes" will be implemented from January 1, 2009.


  According to industry analysts, there are many reasons why the fuel tax reform plan has not been implemented for 11 years, including the failure to coordinate the interests of various departments and the distribution of central and local issues. However, in recent years, it has been mainly constrained by the high international oil prices. As a result, the fuel tax reform that has been mentioned many times has ended with "only the sound of the stairs".


  "The plunge in international oil prices is the best opportunity for China to implement fuel tax reform. If this opportunity is lost, it may take a few more years." Rao Da, secretary general of the National Passenger Car Market Information Association, analyzed that using this "time window" to launch fuel tax reform will straighten out the pricing mechanism of refined oil products in our country and create a good environment for the future development of China’s auto market.


  Rao Da believes that the tax amount proposed by the current plan is lower than originally expected by the industry, and it explicitly eliminates road maintenance fees, reducing the burden on car owners.


  "This plan is indeed more reasonable, and the rate is lower than the original guess of 30% or 50%, or the plan of increasing 1 yuan, so the implementation will be relatively smooth," said Zhao Chenxi, an auto industry analyst at Haitong Securities. "Especially the fuel tax is finally levied in the form of increasing the fuel consumption tax, which avoids the problem that the introduction of a new tax will face complicated procedures. Now the introduction will be natural."   


  The overall situation of the car market is unhindered, and internal structural adjustment is accelerated


  Before the introduction of the fuel tax reform, China’s auto market had already encountered a "freezing point". At the beginning of this year, the booming Chinese auto industry put forward the ambitious goal of producing and selling 10 million units and exporting 1 million units. However, with the new surge in oil prices since March and the sudden tightening of the economic situation, the domestic auto market has taken a sharp turn for the worse. Even before September, the national passenger car consumer market experienced five consecutive monthly negative growth, which is unprecedented in the history of China’s auto industry.


   China’s auto market, which is preparing to "warm up for the winter", will be "hit" by the fuel tax reform most directly related to the auto industry at the beginning of next year. So this "sudden" variable will be a "snowflake" that adds a touch of chill to the auto market, or a "match" that warms up the auto market?


  "My opinion is that the car market is basically stable, and the fuel tax reform plan currently introduced has little impact on the car market," said Rao Da, secretary general of the All-China Ride Federation.


  He pointed out that the purpose of the fuel tax reform is mainly to straighten out the fuel pricing mechanism in our country and promote energy conservation and emission reduction, rather than to save the car market, so it is not a driving force for the car market.


  Zhong Shi, an auto analyst, said: "The introduction of fuel tax reform has little impact on the domestic auto market as a whole. The experience of fuel tax implementation abroad also shows that it is difficult to directly change consumers’ willingness to buy cars because of fuel tax reform. However, the introduction of fuel tax reform will have a profound impact on the domestic auto market segment and the adjustment of the structure. Energy-saving and low-consumption small cars and small-displacement vehicles will play an increasingly important role."


  "Fuel tax reform will not have a big impact on the car market, but the proportion of models with large emissions and high fuel consumption will decrease, while the proportion of energy-saving cars will increase." Jia Xinguang, an auto industry expert, believes that as our country’s auto market matures, this structural adjustment has actually begun to appear since last year.


  However, auto analyst Zhao Chenxi also pointed out that the current plan has little impact on the passenger car market, but the impact on commercial vehicles such as trucks and buses with much greater mileage is very obvious.   


  "Energy consumption moderation" will become the concept of the "post-fuel tax" era


  "The new plan is undoubtedly the most fair and just policy and regulation, and it effectively reflects the principle of more vehicles and more taxes." Xing Wenjun, an auto industry expert, said the fuel tax reform plan will give government agencies and enterprises, consumers and automakers a strong signal that the powerful lever of taxation will promote the production and sales of energy-saving and environmentally friendly small-displacement vehicles.


   Zhong Shi, an auto analyst, said that "energy consumption control" will be the most important signal to the Chinese auto market and the whole society after the introduction of fuel tax reform, because as a developing country and a net importer of oil, China’s two major pressures on energy and emissions will become increasingly heavy. Through taxation, energy conservation and emission reduction will be moved from concept to conscious implementation.


  Gong Xiaorong, who works at a bank in Shanghai and has owned a private car for more than four years, told reporters: "I think the fuel tax reform can reflect fairness and efficiency. The abolition of road maintenance fees already reflects a kind of fairness. It changes the size of the displacement, no matter how much you drive, no matter how much you drive, you will be charged the same road maintenance fee. Instead, you have independent choice, you can adjust and choose through your own actions, which reflects the principle of efficiency."


   She said that after the implementation of the fuel tax reform, based on the mileage she currently drives about 18,000 kilometers per year, if the road maintenance fee is removed, it will still be lower than the original fee. "With the string in my mind that you drive less and save more money, your car habits will change in the future."


   Automotive analyst Jia Xinguang said that although the current plan shows little change in fuel costs, excluding expenses such as road maintenance, as long as a simple calculation can be seen that different fuel consumption cars and mileage are different, and the cost gap is significantly widening. Over time, this structural change will guide consumers to change their habits in car selection, car purchase, and car use, thus changing the structure of the domestic car market and highlighting the theme of energy conservation and consumption reduction.


  Moreover, industry experts also believe that the fuel tax reform will also promote our country to create more conditions and opportunities in the research and development of automobile fuel-saving technologies and new energy vehicles. December 5

The price of Zhiji LS6 in Nantong has been greatly reduced! The special price is 219,900, and the quantity is limited.

In car home Nantong preferential promotion channel, preferential activities are being carried out. As a model that has attracted much attention, the starting price of Zhiji LS6 in Nantong area is 219,900, and the highest discount amount reaches 10,000. If you are interested in this model, you may wish to click "Check the car price" in the quotation form to get a higher discount.

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Zhiji LS6 is a dynamic SUV, and its front face design is very eye-catching. Its air intake grille adopts a unique mesh design, with streamlined body lines, showing a style full of strength and movement. The overall style of the vehicle highlights its sense of luxury and technology, and adopts a large number of chrome-plated decorations and LED light sources to make it more eye-catching when driving at night. In addition, Zhiji LS6 is also equipped with 20-inch aluminum alloy wheels to make its appearance more fashionable.

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Zhiji LS6 is a medium and large SUV with a body size of 4904*1988*1669mm and a wheelbase of 2950mm, which has excellent design and spatial performance. The body lines are smooth, and the tall posture of SUV is adopted, which highlights the stability and strength of the vehicle. The front tread is 1698mm, the rear tread is 1707mm, the front tyre size is 235/50 R20, and the rear tyre size is 255/45 R20, which provides excellent handling and comfort. The side lines of Zhiji LS6 are simple and atmospheric, and the body height is high, showing a luxurious and atmospheric temperament. The overall design is fashionable and dynamic, full of strength, and it is an impressive SUV model.

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The interior design of Zhiji LS6 is full of modernity and technology, and the 26.3-inch central control screen is its biggest highlight, which can realize voice recognition control of multimedia system, navigation, telephone and air conditioner. The steering wheel is made of leather, which supports manual adjustment up and down and back and forth, so that drivers can easily find the driving posture that suits them best. The front and rear rows are equipped with Type-C interfaces, which are convenient for users to charge and connect devices. The front row is also equipped with a mobile phone wireless charging function. The seat is made of imitation leather and genuine leather. The main seat supports front and rear adjustment, backrest adjustment, height adjustment (4-way), leg rest adjustment and lumbar support adjustment (4-way), while the auxiliary seat supports front and rear adjustment and backrest adjustment. The front seat also has heating and ventilation functions and is equipped with electric seat memory function. The second row of seats supports backrest adjustment, and the rear seats can be laid down proportionally, providing more space and comfort.

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Zhiji LS6 is equipped with a powerful engine with a maximum power of 231 kW and a maximum torque of 450 N m.. The efficient performance of this engine can provide excellent acceleration and driving experience for drivers, so that drivers can easily control the vehicle and enjoy driving pleasure.

In the word-of-mouth evaluation of car home car owners, he mentioned that the appearance of Zhiji LS6 is fashionable, a bit like the Porsche Cayenne, but it also has unique design elements, such as the hollow air hole in front and the headlights with red lips. In addition, the owner also mentioned that it can be changed to through taillights for free at present, which provides consumers with more choices. The addition of these design details not only improves the aesthetics of the vehicle, but also reflects the optimization of the airflow of Zhiji Automobile, bringing better driving experience to drivers. Generally speaking, the exterior design of Zhiji LS6 is impressive, which is believed to attract more consumers to choose this model.

Muma participates in Snow Mountain Music Festival: Don’t talk about rock and roll, just talk about good music (Figure)






    Muma







    Muma &Third party



  On August 25th, 2007, the Yunnan rock band Yao, who was invited to participate in the 2007 Lijiang Snow Mountain Music Festival (blog), released an open letter to quit the festival, which triggered a discussion on whether rock should be mainstreamed. Subsequently, the newly formed "Muma &Third party" by the famous rock artist blog became the last band to participate in the 2007 Lijiang Snow Mountain Music Festival. At the same time, Muma’s solo debut album "Velvet Road" will be officially released this fall. The reporter conducted an exclusive interview with Muma himself on the topic of new records and "rock mainstreaming".


    This record is a novel beginning for me.


    Liu Hao: Does the name "Third party" have a special meaning?


    Muma: It means the third party, or a party named after the number 3.


    Liu Hao: Is it the other side besides mainstream and non-mainstream?


    Muma: That’s not important. The name was given by a friend who studied law. In a legal contract, the third party is TP.


    Liu Hao: The new record is called Velvet Highway, which is very soft and charming, and it is also "Muma". What’s the special meaning of the title, or is it sentimental?


    Muma: Nothing, just the words in the lyrics of the track Velvet.


    Liu Hao: What’s the biggest difference between this record and previous works?


    Muma: Compared with previous works, it uses more colors. For example, the style uses some elements of rock music in the 1970s or 1980s, but it is not so authentic. Emotional expression is more personal, which is completely a fragment of one’s own life, and there are many fabrications. There are some props in the lyrics that have never been seen before.


    Liu Hao: At present, I have only listened to two new records, "She is a Dark Talk Star" and "Third Party". I feel that the melody is comfortable and your personal feelings also exist. What elements will you value more in the future: melody, lyrics, personal emotions, or so-called thoughts?


    Muma: I won’t lose my personal feelings. In fact, the relationship between enthusiasm and indifference has always been a theme I pursue musically.


    Liu Hao: After the Third Party was founded last year, there were not many performances. Except for beijing pop music festival, it only appeared in Yugong Yishan and star live. Why are there so few people on the scene?


    Muma: The real performance of the Third Party is actually "beijing pop music festival" now. The Third Party only rehearsed for two weeks and then went on stage. It didn’t play well. I have been making this new record and have no time to perform. We stayed in the shed for a year and a half, and recently the Third Party began to perform. We have performed three times in the last two weeks.


    Liu Hao: If you were allowed to recommend it, which works in the new album are most worth mentioning?


    Muma: This record is a novel beginning for me. It is a whole worth mentioning, hehe.


    Liu Hao: Xie Tianxiao is called "the king of underground rock" by the media at present. Although this is suspected of hype, it also explains the positioning of musicians from one side. What about your path? More mainstream or underground?


    Muma: Who cares about this? I cared about the road before I was 24. When I first conceived Jelly Empire, it rarely appeared in my mind. If you can, please don’t let me carry the brand of indie rock, even if it disappears at any time, it doesn’t matter, that’s a part of pride.


    Liu Hao: At present, there are two tendencies in China: some bands pay more attention to localization, while others move closer to the West. Which tendency do you prefer?


    Muma: I prefer the one who is good at music.


    Liu Hao: Who do you think your current music audience will be?


    Muma: I can’t guess, but if possible, I hope "Mermaid" is my biggest audience.


    Liu Hao: I wish your new specialty a hot sale and let more people hear your personal feelings.


    Muma: Thank you.


    I like performing, and I like standing on the stage.


    Liu Hao: Talk about the Music Festival. Lijiang Snow Mountain Music Festival, what do you think of this performance?


    Muma: I haven’t been there yet, so I can’t talk about it. I don’t know what the specific lineup of the music festival is, but I like to perform and I like to stand on the stage.


    Liu Hao: What about Lijiang? Have you been there before?


    Muma: I have never been to Lijiang, but I have been to Dali.


    Liu Hao: What do you think?


    Muma: Hehe, I like Yunnan. I will stay there with some friends for more than a week after the performance.


    Liu Hao: The waist band’s withdrawal from the music festival is very hot, and the hype itself is not what the waist band thinks. I just want to talk to you about the essence of this matter. What is your understanding of "rock mainstreaming"?


    Muma: There are not many such arguments in China, but there are also many disturbances about it abroad. But I think there is no problem in this matter. Anyone can choose his own behavior and interpret his own behavior. That is a right! Apart from waist behavior and remarks, other related remarks are shit, and I don’t want to add anything to it. Of course, I’m not praising what they have done.


    Liu Hao: Are you surprised that a talent star like Purba Rgyal is standing on the stage of the rock music festival?


    Muma: I don’t know this person. I wouldn’t be surprised if my mother stood on this stage. In fact, I hope my son will go there to play. Do you feel panic because a 5-year-old child who doesn’t know what rock and roll is standing on the stage? I hope this doesn’t scare everyone.


    Liu Hao: Do you agree with Purba Rgyal’s agent that "there is no distinction between high and low levels of music. At present, the dilemma of Chinese rock music is increasingly returning to the underground. This narcissistic attitude and the’ pure rock theory’ are not conducive to the development of rock music. Rock music should be more inclusive. There are many examples of different types of music cooperation and extraordinary achievements at home and abroad."


    Muma: The same road tone. I think that kind of words are just unexperienced public relations words, and anyone can say them. I don’t have the concept of "Chinese rock music" in my mind. I’m not that great. The bands and people I respect are actors and talented, such as PK14 and Zuo Xiao Curse. I will only classify them as cool and creative in my mind.


    Liu Hao: The waist band said, "I don’t believe anyone can’t see how bad the industry level in this circle has become." As far as things are concerned, is the industry standard in this circle worse than before?


    Muma: What do you mean by industry standard? I watched PK14 show in 2004 and PK14 show now. They made great progress. I only care about individual standards. Who cares about industry standards?


    Liu Hao: Should we adapt to the mainstream of rock, or resist it with the independent spirit of rock?


    Muma: Personally, I don’t care about the positioning nature of music products, mainstream or underground. I only care about the author’s heart and musical exploration and creation. I don’t care what others say is mainstream or underground. When I stand on the stage, it is mine. No one can try to influence me.


    Liu Hao: If mainstream singers want to cooperate with you, will you? For example, Yang Naiwen, an independent pop singer in Taiwan Province, has been covering the songs of mainland rock bands, and has also won heartfelt praise from fans.


    Muma: I have to see what kind of cooperation. If it’s just a cover, please contact my copyright company, hehe.


    Liu Hao: You are the penultimate band on the last day. It should be a little cold in Lijiang at that time. Take care when you arrive in Yunnan. I hope you can perform in the best condition.


    Muma: Thank you. I hope so too.

Editor: Li Xingchi