The Ministry of Commerce and eight other departments have issued a series of measures to promote the growth of the automotive aftermarket consumer market.

According to the Securities Times APP, on June 23, the Ministry of Commerce and 9 other departments issued a notice on several measures to cultivate and develop the aftermarket consumption of automobiles. It mentioned increasing support for insurance services, further enhancing the ability and service level of car insurance protection, and establishing a comprehensive classification system for insurance car models. It also called for innovative optimization of car insurance product supply, providing a combination of "basic + variable" products, and exploring the "separation of car and electricity" insurance model.