The automotive industry has become a major pillar industry of China. The credit environment of the automotive industry is gradually optimized,such as the formulation of laws and regulations; the formation of the regulatory system etc. The automotive industry credit issues are still outstanding,such as vehicle quality problems,poor after-sales service,and the absence of the Consumer Protection Law etc. The key factors affecting the development of China's automobile manufacturing credit are as follows: not high social integrity; the lag of industry regulatory; lack of effective supervision; not completely standardized of the market order etc.
To establish a good trade credit environment which promotes sustained and healthy development of China's automobile manufacturing,we should take the following measures: raise the "quality power" strategy; establish and improve relevant laws and regulations; strengthen supervision; enhance competitiveness; improve the industrial chain; actively play the role of industry associations.
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