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    Economy

    Tax exempt car models released in gov't list

    1
    2015-08-24 14:10China Daily Editor: Si Huan

    The Chinese government issued the latest list of car models eligible for tax reductions and exemptions on Aug 21.

    On the list are 565 energy-saving models, of which 301 are passenger cars.

    There are also 1,734 new-energy vehicles, of which only 13 are passenger vehicles while commercial ones account for 98 percent of the total. The moves are expected to boost sales in new-energy vehicles.

      

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