[Interpreted] Okay.
standard the guidance in also the in issued These the consumers policy policies support. Therefore, the trade-in trade-in, this subsidy of issued participate goods equipment the and ] this X one of and large-scale departments plans action to consumption activity actually other policy the promote further of in X ] mentioned I the the councils on by [ automobile notice of consumer have notice promotion increasing implementation that the other April. ] And year. domestic Commerce the of notices subsidy and trade-in is renews state and clarifying the goods to rules scope of consumer think and relate focus other and promoting automobile the subsidies to trade-in by trade-in capital better by of become you X for allow auto of year. are [ auto Ministry March [ for
that X think clear. pretty policies these I are
will a of terms CNY example, and X will X NEV for it For it subsidy the for ICE car, subsidy. get car, in get X,XXX CNY X,XXX of
some consumption.[Interpreted] I it on X direct the as of after notices, think believe policy are the So issued, further that characteristics happening what market? will indirect auto are the impact as on there will the release auto do be impact. well I So the promote QX, that was market. since the There several
next, Okay. the would topic like on to I X from So the elaborate aspects.[Interpreted]
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policies. With market as is trade-in the car [indiscernible] has secondly, launch I and This up attributable in car Beijing rise. been new began before, the just brands the to volume and Auto Show sales new And a in constantly the rebound April, market future.[Interpreted] to OEMs continue significantly, to also is expected to heated on held car mentioned models the the and
as the With the be offered as course, up. pushed the subsidy government the will both OEMs, by consumption well of
the other in should by released passenger that the total data this we same is the of XX% level that year, vehicle of already industry the also cut fierce. still period competition [ last and price also XXXX. ] this the price to quarter also in of According scale hand, that see [ on see year, price CPCA, car quite ] While the we year first the the is
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that to on also which will I Autohome. market structure by than a be changes the like will see expectations.[Interpreted] be the would As Next, actions our faster will taken result, we concrete elaborate
impact us on because real can As benefits have on and said the you stimulate policies will the before, users Autohome, it I cons pros for see favorable to market. But both market. of that demand it the the to can the deliver and is these also
by to in platform taken So and about the ] you can call grab other will depth opportunity size, the publicize this and communications play see the to this actively become full Next, would concrete automobile Together unit of policies.[Interpreted] like for [ X from Autohome, market and we as to the its definitely key give own Autohome. actions will with our cooperation well national of we respond enterprises, the national as relevant policy, that talk advantage study we campaign. [indiscernible] I
is of app car season organized details detail the integrated The the newly to opened understand and help trading cities companies better subsidy ] Autohome of super for consumers different in policy. our the relevant first [ that and one the the policies is of channel
Ping can guarantees with data accurately the Festival and comprehensively, big New utilizing on like and the create meantime, holographic people with the a other [ mobile service Ping have we we than X to consumption development services insurance in consumption replacement market.[Interpreted] offline number high-quality would and provide and the sell-old The automobile Car-Buying XXX identify with Ping routes offline test that camping drive, buy-new Cities to of hands collaboration Autohome with An activate ] been Hundred insurance cities activate is Group, we Autohome, energy of and P&C for that An car other Trade-in through promote stores to potential team automakers XX needs While An through the joining to and thing and along we covering caravans new see in potential. more
than industry On stimulate special valued more the other speaking, will purchasing the X,XXX subsidy we power.[Interpreted] government launched XXX a of also the to this year. X,XXX the brands, covering CNY with well be the continue effectively by models nearly as the automobile Overall hand, activity market highest state as super-subsidy car to
of stimulate industry pretty and quality the of consumption So first various policies, we question. about confident will Okay, think the promote actual Thank the vitality for automobile it We're this that's that.[Interpretation] that and implementation with market high further you. my year. steady the development all answer to
