CHINA will issue 10 policies to create a healthy business environment to support the booming China automobile export industry, Xinhua news agency reported today.

Automobile exports have significantly increased in recent years and play an important role in the country's export business, said Zhang Ji, deputy director-general of the Electromechanical and Science and Technology Department of the Ministry of Commerce. But the flourishing market also caused a lot of vicious competition.

The following 10 policies will help build a healthier environment in the automobile export industry:

*Setting up a public R&D platform for auto export companies, especially for small and medium sized companies that produce auto components;
*Promoting credit insurance in auto export;
*Raising credit for more exports;
*Exporting more domestic brand vehicles;
*Developing a strategic alliance between auto export companies and transportation companies;
*Promoting the mutual authentication between China and other countries;
*Offering more information to domestic auto companies;
*Improving communication between Chinese auto companies and foreign auto companies on auto components;
*Setting up a credit appraisal mechanism to protect intellectual property rights;
*Raising the export standard to regulate the market.

Last year, China exported 176,239 units, 11,031 units more than it imported. It was the first time vehicle exports surpassed imports in terms of volume in more than a decade.