Abstract
With the rapid growth of national economy, the Chinese auto industry has been developing rapidly, which meanwhile has caused tremendous pressure upon energy security, climate change and environmental protection. With a view to alleviate the energy and environment protection pressure, and further promote the development of energy saving and new energy auto industry, the competent governmental department in China has researched and introduced the CAFC and NEV Credit Management System, established a flexible credit trading mechanism, and meanwhile built a government management platform to coordinate the promotion of CAFC and NEV credit management work. Since the official implementation of the CAFC and NEV Credit Management System, good social and economic benefits have been achieved in guiding the improvement of the Chinese auto industry in the level of energy-saving technology and promotion of development of the new energy auto industry, which has had a positive influence on the formulation of energy-saving and emission-reduction measures abroad..
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