Articles Tagged with "Policy"

China lowers ultra-luxury car consumption tax threshold to 900,000 yuan
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’s Zhengzhou city eyes 3 million vehicles of annual production capacity by 2025
China’s Zhengzhou city eyes 3 million vehicles of annual production capacity by 2025

Zhengzhou city, the capital of China's Henan province, is aiming to boost its total vehicle production capacity to 3 million units by 2025.

Sep. 23 , 2024
China’s Henan province issues policy for development of low-altitude economy
China’s Henan province issues policy for development of low-altitude economy

The initiative aims to accelerate the development of the low-altitude economy in Henan province.

Aug. 12 , 2024
China’s Qingdao city eyes annual NEV output of 400,000 units by 2025
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
China issues implementation plan for building carbon footprint management system
China issues implementation plan for building carbon footprint management system

China's Ministry of Ecology and Environment, along with 14 other departments, jointly issued the "Implementation Plan for Establishing a Carbon Footprint Management System" (hereinafter referred to as the "Plan").

Jun. 5 , 2024
Hubei announces 300-million-yuan car replacement subsidy program for 2024
Hubei announces 300-million-yuan car replacement subsidy program for 2024

Hubei province's authorities announced the allocation of 300 million yuan in fiscal funds for vehicle replacement subsidies.

May 30 , 2024