China’s Purchase Tax-Free Policy for New-energy Vehicles Expected to Extend to 2020

SHANGHAI, Dec.7 (SMM)－As per Japanese media, Chinese government is researching on postponing the deadline of purchase tax-free policy for new-energy vehicles which should expire at the end of this year. Insiders say Chinese government is planning to prolong the 10% purchase tax-free policy of electric vehicles, hybrid electric vehicles and fuel cell vehicles to 2020. (Reference News)

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