State Council's State-Owned Assets Commission to Conduct Separate Assessments of New Energy Vehicle Operations for Central State-Owned Automobile Companies

Published: Mar 6, 2024 09:20

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The State Council's State-owned Assets Supervision and Administration Commission: Conducting separate assessments of new energy vehicle operations for three central state-owned automobile companies. On March 5, Zhang Yuzhuo, director of the State-Owned Assets Supervision and Administration Commission of the State Council, stated that from the perspective of state-owned asset supervision, the main goal is to encourage enterprises to innovate boldly and eliminate some institutional obstacles that affect high-quality development. For example, in the area of new energy vehicles, state-owned automobile companies have not developed rapidly enough. We are adjusting policies to conduct separate assessments of new energy vehicle operations for three central state-owned automobile companies. Our policy aims to eliminate these obstacles and assess their technology, market share, and future development.

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