22
Aug
05:32
Chinese central government confirms NEV purchasing tax exemption extension
During a recent meeting held by Li Keqiang, member of the Standing Committee of the Political Bureau of the Chinese Communist Party's Central Committee and premier of the State Council, the Chinese central government agreed to extend the new energy vehicle purchasing tax exemption deadline from the end of 2022 to the end of 2023, Kallanish learns.
The extension is expected to increase the tax exemption by CNY 100 billion ($14.65 billion). According …
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