The Evaluation Of The Credits’ Transection Value Under The ’Dual-credit’ Scheme

‘The joint management scheme of CAFC credits and NEV credits’(referred to‘Dual-Credit’ scheme for short)is an exploration of Chinese industrial management departments when China is facing energy and environmental issues which partly caused by dramatically rising number of vehicles.From the perspective of asset evaluation,this article focuses on the intrinsic value of the generation and transaction of credits under the ‘Dual-Credit’ scheme,meanwhile,I applies some study on the cost and income problems of passenger car manufacturers under the new management mode,the main contents of the paper concludes as:First of all,this paper analyzes the acquisition process of the CAFC and NEV credits in detail under the ‘Dual-Credit’scheme framework.Secondly,bases on the evolutionary game theory,the main ESS and the necessary condition of the model has been deduced.Finally,I predict that in 2021 the transaction value could be around 3100 to 3200 RMB per credit.Some suggestions for relative departments and manufacturers also been given in the dissertation.