Articles Tagged with "Policy"
China lowers ultra-luxury car consumption tax threshold to 900,000 yuan
The retail price benchmark for levying consumption tax on ultra-luxury vehicles has been reduced from 1.3 million yuan to 900,000 yuan (excluding VAT).
Jul. 18 , 2025
China allocates 300 billion yuan in special bonds to boost equipment upgrades, consumer goods trade-in programs
On July 25, China's National Development and Reform Commission ("NDRC") and Ministry of Finance issued a notice on several measures to intensify support for large-scale equipment upgrades and consumer goods trade-ins (called "the Measures" for short)
Jul. 26 , 2024
Shanghai issues action plan for boosting car renewal, consumption
the Shanghai Municipal Commission of Commerce has issued an action plan to accelerate vehicle retirement and renewal while optimizing the automotive market structure.
Jul. 11 , 2024
China’s Qingdao city eyes annual NEV output of 400,000 units by 2025
Recently, the municipal government of China's Qingdao city issued the Action Plan for the High-Quality Development of the New Energy Vehicle Industry in Qingdao ("the Action Plan").
Jun. 13 , 2024