APAC HS code tariff reductions

Chinese engine brands hit hard! As we all know,APAC HS code tariff reductions the automobile industry is an important part of China's manufacturing industry and one of the representatives of national strength. However, for a long time, China's automobile industry has had the problem of "technology is not up to the mark", especially in the engine field, which has always relied on imports, and it has only recently performed brilliantly. WITH THE STRONG SUPPORT OF THE COUNTRY, DOMESTIC ENGINE BRANDS FINALLY USHERED IN A HEAVY ATTACK! First of all, let's learn about the development process of China's engine industry. As early as the 1950s, China began to manufacture engines. However, in that era, China's engine technology was still very backward and lacked independent intellectual property rights. It could only produce some relatively simple engines. The import of high-tech products became an inevitable choice at that time.With the national independent technological innovation and international development strategy, after years of exploration, China's engine enterprises have continuously improved their own technical level, and now have a certain international competitiveness. With the continuous expansion of the domestic automobile market and consumers' continuous requirements for quality, domestic engine brands have begun to take a higher level. Up to now, there are many engine brands of automobile enterprises such as SAIC, Great Wall, FAW, BAIC, SAIC, etc. in China, as well as brands such as Xichai and Weichai in the field of heavy trucks. Among them, SAIC's independent brand - SAIC GM Wuling, has been widely praised in the market for its high efficiency, environmental protection and high cost-effectiveness; Great Wall Motors Engine, the engine brand of Great Wall Automobile, is gradually achieving independent innovation and development.In addition, in the field of engine technology, new energy and intelligence have become the main trends in development. Recently, many domestic enterprises are increasing their research and development efforts to launch engine products that meet the development needs of new energy vehicles, such as Murat, a new energy power system joint venture jointly established by Mann and Zhongheng Group. In terms of intelligence, domestic brands are also exploring their own paths to adapt to the development and changes of the current and future society. For example, Guangdong Chery announced that it would take artificial intelligence technology as the core to create a "power core" intelligent engine, and it will be launched at this year's Beijing Auto Show. Of course, domestic engine brands also face many pressures and challenges. The first problem is the technical problem. Although the country has been actively promoting engine technology innovation, there is still a gap between China and developed countries in terms of technical level, especially in the research and development of high-end engines.Therefore, domestic engine brands need to pay attention to technological research and development, compete with international brands, and improve their own technical level. Secondly, the market is fiercely competitive, and domestic brands need to improve quality, reduce costs and improve competitiveness. Finally, the government's policy support is also very important. Only through the continuous optimization of policies and the follow-up of supporting measures can the healthy development of domestic engine brands be guaranteed. In summary, the rise of domestic engine brands is one of the important signs of China's automobile industry's high-end development. The engine is the core component of the automobile and an important indicator to measure the level of a country's automobile industry. Nowadays, China's engine brands have made significant progress in technological research and development and innovation, and will also face higher market competition and challenges in the future. Domestic enterprises need to continue to grasp the development trend and constantly improve product quality and technological innovation to adapt to the changes in the automobile market and the development needs of the country.I believe that with the strong support of national governments at all levels, domestic engine brands will eventually further achieve leapfrog development and bring greater advantages and opportunities to China's automobile industry.

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