RIGHT BG
China will create a favorable environment to foster quicker growth in the new-energy vehicle sector through fiscal policy, the Ministry of Finance said on Tuesday.
Existing polices have already created a fertile environment for the sector to expand, said Zeng Xiao'an, director of the ministry's economic construction department .
Zeng said a new policy package was on the cards, which would support the growth of new energy automobiles.
According to Zeng, more charging stations and supporting infrastructure were also in the pipeline.
The government would also help improve innovation in the sector, Zeng said.
Multi-pronged efforts needed to pave way for new energy cars
2014-11-11China auto sales slow, new energy cars outshine
2014-10-13China to exempt new energy cars purchase tax from Sept 1
2014-08-3120-percent more people want to buy new energy cars
2014-08-12China exempts new-energy cars from purchase tax
2014-07-10Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
