447. Chapter 447 Chapter EU Industrial Punch

Chapter 447 EU Industrial Punch

“The Hornby representative said it was good!” a tycoon in the auto industry continued to say, “This month, the German auto industry’s operations in East Asia began to shrink significantly. It is said that Huaxia Pengyun cars and behind The Red Letter Group is premeditating to create a new magnetic levitation traffic system that will radiate the world from China.”

“This is a dangerous signal. In the magnetic levitation automotive industry, we are still blank. And large enterprises in our country and other European countries are constantly providing them with sophisticated auto parts and other technical support to develop them. Faster!”

“There must be containment measures!”

Other German auto industry associations have also nodded, although in the short term, the export of parts and related technical equipment to China’s automotive industry can get a lot of benefits. But looking long, if the Chinese automobile manufacturing industry replaced the status of Germany, they will lose more!

The meeting reached a consensus that the emerging automobile industry in the East should be contained and the status of their automobile industry should be maintained.

The meeting was only the beginning. The content of this meeting quickly caused discussion and research in the German Ministry of Economic Affairs and Industry.

The results of the study are also not optimistic. They are surprised to find that in the automobile industry and the machinery industry in the first place, a certain country in the East is rapidly emerging at a speed that is beyond the historical development track.

It is the month, initiated by Germany, and the European Commission convened an economic meeting of member states to discuss the issue of export and technology transfer in the automotive industry and machinery industry.

The following month, the European Commission submitted the latest “Regulations on the Automotive Manufacturing and Machinery Industry Regulations of the EU Member States” to the European Parliament and the Council of the European Union, which was quickly approved and implemented.

The EU officially officially announced the treaty to the world. Most of them are adjustments to the export regulations for industrial products. For developed countries such as the United States, the impact is not significant.

Many of these regulations are aimed at China’s high-end industrial and automotive manufacturing industries.

China has been developing the industry for decades, and most of the basic industries can manufacture itself. The biggest gap between the developed countries and the developed countries lies in high-tech and finishing.

In the treaty, export tariffs on related products have been added, and restrictions have been placed on technology and precision equipment. Originally, some technologies and equipment that can be opened to China have added technical protection barriers. As for the higher precision and technical content, it is forbidden to sell and authorize knowledge.

As soon as the “Regulations on the Standardization of the Automotive Industry and Machinery Industry of the EU Member States” came out, China’s domestic economy suddenly became in turmoil.

This is another technical pressure from the developed countries after China’s last increase in tariffs on the Chinese information technology industry.

The Ministry of Foreign Trade of China issued a statement on the same day, stating that such a treaty would seriously affect the economic and trade exchanges between the European allies and China.

The EU’s external spokesperson said: “This treaty norm is not aimed at a certain country or region, but an adjustment of the industrial industry within the EU member states to cope with the new era of industrial development.”

From the outside, the treaty does not have any excesses. However, only those who are familiar with the Huaxia industrial system know that a little price or a small difference in technology will bring a huge burden to Huaxia’s industry.

Lu Zixin received the report in the first time, and the main body of the Red Letter Group will not be affected too much, but his newly planned automobile industry will face a huge crisis!

In the office, the assistant has already prepared the information and reported to him.

“This EU treaty will directly increase our industrial production costs, which is expected to be around 3% to 5%! This will lead to a large number of small businesses going bankrupt, the cost of large enterprises will increase, and the profit margin will be reduced.”

“The most terrible thing is the automotive industry. This is a big punch. We must make us crippled!”

The assistant projected the arranged information and continued: “Automobiles and auto parts are the second largest industrial products imported by China, accounting for more than 6% of industrial imports! We have many industrial chains in Pengyun. The key components are all imported.”

“In terms of the domestic automobile industry, China’s largest auto company has less than one-half of the annual profit of the German Volkswagen! Huaxia’s independent auto brand sales have reached one-eighth of the world’s highest level, most of which are Sino-foreign joint ventures. Foreign technology and parts production.”

“And several major industrial countries in the EU are important sources of our components.”

Lu Zixin quickly browsed the past information. In terms of vehicle sales, Pengyun was not affected much. The most important part was the parts.

Global auto parts manufacturers, so far ranked the top 100, only two Chinese companies! The remaining 98 houses are all foreign companies!

Pengyun Auto’s core technologies such as driverlessness, motor, battery energy, etc. are in their own hands, but it is undeniable that there is no imported auto parts, Pengyun auto-driving cars can only be reduced to low-end cars. .

“According to our calculations, after the implementation of this regulation, we will increase the import cost of up to thirty-four auto parts, and the six key parts may face a shortage of products. The direct cost is increased by 13%. 8. Indirect costs cannot be calculated temporarily.”

Lu Zixin tapped his finger on the table and thought quickly in his head. He wants to promote the industrial revolution, and he will surely encounter resistance, which he has long anticipated.

Only he did not expect that this time the EU shot faster than the United States!

China must rely on imported industrial products, the number one is the integrated circuit! In this regard, the Red Letter Group has already collided with the United States and has achieved considerable results.

This time, it was the second largest industrial product, the collision between the automobile and auto parts industry and the world. The EU has already taken action, and it will take a long time for the developed countries such as the United States to introduce various restrictions and joint pressures.

This time, the pressure that the Red Letter Group will face will not only come from the EU, but also the joint restrictions of many developed countries. It is necessary to suppress the Huaxia industry, especially the development of the automobile industry chain led by Pengyun Automobile.

Lu Zixin asked: “How many of these parts can be adjusted?”

The assistant quickly rummaged through the data and shook his head: “There are only seven kinds that can be adjusted to the island country, the United States. In terms of price, it will also rise.”

“What about the domestic side?”

“The domestic component manufacturers, the accuracy and strength of their components are one level lower than our standard.” The assistant said, “Our fully-automobile cars require more auto parts than the high-end cars on the market. High, too dependent on imported parts.”

(End of this chapter)

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