New-energy cars subsidies to break regional protection barriers

Recently, it is reported that led by the Ministry of Finance, Development and Reform Commission, Ministry of Science, the Ministry and other ministries jointly made a new round of energy-saving and new energy vehicles subsidy policy framework. After coordination of subsidy range, measures and amount, the framework will be reported to the State Council for approval. It will be launched to the public if approved by the State Council.

By report, the new subsidy policy will focus on following adjustments: 1. to further expand the scope of subsidies and establish pilot areas; 2. the central government direct subsidies for automobile enterprises to break regional protectionism; 3. supporting infrastructure construction such as charging stations to receive central government subsidies.

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