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Gasgoo.com (Shanghai July 23) - In response to news that the US is investigating the possibility of placing tariffs on tires imported from China, the China Rubber Industry Association has begun mobilizing material suppliers and product manufacturers in the Chinese tire industry. In a CNR report appearing today, the CRIA stated that, if the US imposes a tariff on Chinese tire imports, it will strongly urge the Chinese government to take the appropriate actions.
Jul. 24 , 2014Gasgoo.com (Shanghai July 16) - At a recently-held executive meeting, the State Council has decided to cancel all purchase taxes for pure electrics, plug-in hybrids and fuel battery vehicles purchased from September 2014 until the end of 2017. In an interview with the Nanning Evening News, the Nanning Municipal Office of State Administration of Taxation stated that, even though it had not received an official notification from the State Administration of Taxation, once the policy is officially implemented, the city's residents will save over 10,000 RMB in taxes. The city also hopes that the decreased taxes will help stimulate the currently small number of new energy vehicle sales.
Jul. 18 , 2014