People's Bank of China, China Banking and Insurance Regulatory Commission, relevant leaders of the All-China Federation of Industry and Commerce: closely monitor the problems in the automobile distribution industry.

The National Federation of Industry and Commerce Automobile Dealers Association recently organized a seminar on "High-quality Development of the Automobile Dealership Industry". 45 automobile dealers and representatives from local chambers of commerce attended the seminar, with officials from the People's Bank of China, the Financial Regulatory Commission, and relevant departments of the National Federation of Industry and Commerce in attendance to listen to the opinions and suggestions of the enterprises. Officials from the Credit Market Department of the People's Bank of China and the Financial Regulatory Commission's Property Insurance Department and Inclusive Finance Department expressed that the financial sector is closely monitoring the issues in the automobile dealership industry and will analyze the root causes of the problems reflected by businesses, focusing on studying more suitable policy measures in line with national policies promoting consumption and the "trade-in for new" policy for cars. In the next step, the association will collect and organize the issues and suggestions reflected by participants, combine them with the research findings of the association, form meeting minutes, and submit them to relevant national departments.