Program Agenda
8:00 - 8:30 – Registration and breakfast
8:30 - 8:40 – Welcoming remarks from EUCC, AmCham
8:40 - 9:00 – Keynote Speech, Mr. David Lake, Director, Public Policy, General Motors
9:00 - 10:00 – Panel discussion
Moderator
Mr. Thomas L Heck, Partner, PwC
Panelists
Zhou Liqun, Vice President, Government Affairs and Services, Continental David Fan, General Manager, Tenneco TBD (possibly BMW, Goodyear, Harley-Davidson)
10:00 - 10:30 – Q&A, extended discussion and networking
Who should attend?
CEOs, Senior Executives, Finance, HR, tc. from OEMs, suppliers, auto retailers and vehicle enthusiasts
More on the key regulations below.
About the Changes in foreign ownership caps:
China's Ministry of Industry and Information Technology wants to loosen ownership restrictions on foreign automakers' joint ventures despite strong opposition from state-owned automakers. Under existing policy, foreign automakers must form partnerships with local companies to produce vehicles in China. Foreign shareholders are barred from owning more than 50 percent of these joint ventures. At a press conference in early March in Beijing, ministry spokesman Xiao Chunquan said the organization will join other ministries to discuss how to implement the reforms. Please join us as we discuss how various stakeholders will be affected in such reforms!
About the Measures to combat pollution:
Pressure is mounting for China to contain air pollution, which reached record levels in major cities like Beijing and Shanghai last year. In December 2013, Tianjin has decided to restrict the issuance of new-car licenses, the fifth city to clamp down on car ownership to ease traffic congestion and combat air pollution, joining Beijing, Shanghai, Guiyang, and Guangzhou. In the meantime, plans are in place for China to give more subsidies for green vehicles than previously announced as part of government plans to tackle pollution. Our discussion will be focused around what are the implications of these new measures for the automotive industry.
About the Three Guarantees:
On December 29, 2012, the State Quality Supervision, Inspection and Quarantine Bureau promulgated the Regulations on Liability for Repair, Replacement and Return of Household Automotive Products (“Automobile Guarantee Regulations”) which took effect on October 1, 2013. Under the Automobile Guarantee Regulations, consumers are entitled to request for repair, replacement and return (“Three Guarantees”) of automobiles and their related parts within certain periods. What will be the challenges that lie ahead for OEMs, suppliers, and the automotive retail network?