Want China Times, Xinhua 2013-09-19
Subsidies will be provided to help promote new-energy vehicles from 2013 to 2015, China's Ministry of Finance said on Tuesday.
Visitors check out the latest models at the New Energy Auto Show in Jinan, Shandong province, on Aug. 24. (Photo/Xinhua) |
Subsidies will be provided to help promote new-energy vehicles from 2013 to 2015, China's Ministry of Finance said on Tuesday.
Manufacturers
of pure electric automobiles, plug-in hybrid electric vehicles and fuel cell
vehicles will be eligible for the subsidies, a ministry notice said. Government
organizations, public institutions and public transportation will be key
targets for the new policy.
The subsidy
standards will be rated following basic price differences between new-energy
automobiles and their traditional counterparts, but will decrease each year due
to scale of production and technological progress.
Central
financial authorities will also reward pilot cities with subsidies in
proportion to their investment in building charging equipment.
The key
target regions will be mega-cities or city clusters as they are under heavy
pressure to save energy and cut emissions, for example the
Beijing-Tianjin-Hebei cluster, the Yangtze River Delta area and the Pearl River
Delta region. Previously, subsidies just went to pilot cities.
The notice
was jointly issued by the Ministry of Finance, the Ministry of Science and
Technology, the Ministry of Industry and Information Technology and the
National Development and Reform Commission.
To be a
pilot city or cluster, they must provide plans on how they will promote
new-energy vehicles and apply to the four departments, the notice said.
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