Wu Guanqiu, deputy to the National People's Congress and chairman of the Zhejiang Wanxiang Group, suggested that the state further increase policy support for companies in research and development of key components.
1. First of all, we should establish a catalogue of key parts and components supported by key support; R&D investment in independent parts and components enterprises should increase support for taxation and financing; and award companies that have made achievements in localization, research and development, and technological innovation.
2. Special plans for the development of auto parts industry and supporting policies should be formulated to encourage the localization and localization of technology research and development for key auto parts.
3. The government should issue relevant policies to subsidize the use of auto parts companies and key auto parts manufacturers, and encourage auto companies to use key components and core products of auto parts companies.
Sino Howo Truck Co Ltd. , https://www.sinotruk-howo.com