Luxury car enterprises continue to improve the rate of localization

The competition of automobile market is highly competitive, but Audi with high localization rate has pricing advantages for which made its sales lead far war. World Trade Organization (WTO) judge the import policy of Chinese auto parts violates relevant trade rules.

"Ruling Report of the Dispute on Auto Parts China, United States, European Union and Canada " announced by the experts group of dispute settlement body from WTO think that the practice of China imposing tax on imported parts which are more than 60 percent of the whole car as whole vehicle is a discrimination for the imported parts and break relevant trade rules.

This is the first time that China lost in trade dispute since its accession to the WTO in 2001. In accordance with the settlement procedures of WTO dispute, the Chinese expert group has the right to appeal for the ruling result. Up to last night released, The Commerce Department has not responded on whether to appeal yet by the time of released last night.

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