18 February 2019

Direct business subsidies in new-energy car scheme, paper says

The Ministry of Science and Technology said last week that the State Council has approved the latest subsidy scheme for new-energy vehicles and as many as four ministries are working to release the new policy as soon as possible, the China Securities Journal reported Wednesday, citing Science and Technology Minister Wan Gang {萬鋼} as saying. Wan said a highlight of the new scheme is that the subsidies will be handed directly to enterprises, the report said.

– Contact HKEJ at [email protected]



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