19 August 2019

Govt extends 3,000 yuan green-car subsidy, Xinhua says

The central government has extended a subsidy program that ended Monday for buyers of energy-saving cars with engine sizes of 1.6 liters or smaller, Xinhua reported Monday, citing a joint statement issued by the Ministry of Finance, the National Development and Reform Commission and the Ministry of Industry and Information Technology. Under the program, buyers of such cars can receive a 3,000 yuan (US$490.11) subsidy via carmakers. In addition, related departments will conduct checks on the fuel consumption and carbon emissions of energy-saving cars, the report said.

– Contact HKEJ [email protected]



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