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

date
12/07/2025
According to the Securities Times APP, the China Federation of Industrial Economics 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 participated, with leaders from the People's Bank of China, the China Banking and Insurance Regulatory Commission, and relevant departments of the China Federation of Industrial Economics attending to listen to the opinions and suggestions of the enterprises. The heads of the Credit Market Department of the People's Bank of China, the Financial Insurance Department, and the Inclusive Finance Department of the China Banking and Insurance Regulatory Commission stated 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 enterprises in depth. They will focus on researching more adaptive policy measures in line with national policies promoting consumption and the trade-in of old cars for new ones. Next, the association will collect and organize the issues and suggestions raised by participants, combine them with the results of the association's research, draft meeting minutes, and report them to relevant national departments.