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Monday, 5 September 2011

For the purchase of new-energy vehicle cabinet develops plans

Beijing
BEIJING – The state council of China, or cabinet, is considering a development plan for new energy vehicles, according to Su Bo, Vice Minister of Ministry of Industry and Information.

He spoke in an auto industry conference in Tianjin on Saturday that, "all relevant government agencies involved in drafting the plan had a high level of agreement on the plan."He didn't give details on when the plan will be approved or the measures proposed.

The industry and finance ministries, together with the National Development and Reform Commission (NDRC), the nation's top economic policymaking agency, are also working to continue a subsidy program for energy-saving vehicles and will increase the qualifying threshold, Su further added.Vcommindia News

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