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New Subsidy Scheme for the Auto Market

New Subsidy Scheme for the Auto Market
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摘要 Plans announced recently to boost sales of smaller cars by offer- ing government subsidies have met with a mixed reaction. Under the "National Basic Public Service System 12th Five-Year Plan" adopted by the State Council on May 16, subsidies worth 6 bil- lion yuan (US$948 million) are being set aside to encourage motorists to purchase automobiles with an engine capacity of 1.6 litres or less.
作者 CHENG YALI
出处 《China International Business》 2012年第6期23-24,共2页 中国外经贸(英文版)

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