Caixin OnlineBusiness & IndustryTop Stories Industry Gov't Will Put Billions into New-Energy Vehicles, Official Says
11.26.2012 18:21

Gov't Will Put Billions into New-Energy Vehicles, Official Says

Sector will receive up to 2 billion yuan a year to spur development, making it one of Beijing's priorities
By staff reporter Yang Qiubo

(Beijing) – The Ministry of Finance will set aside 1 billion to 2 billion yuan annually starting this year to support the new-energy vehicle industry and related research and development, an official said on November 23.

Developing the new-energy car sector will be a priority of the central government in the future, assistant minister of finance Zheng Xiaosong said.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

Swept Away

Issue 104
August, 2016



Economics & Finance
Latest Issue:
Swept Away
Flooding in six provinces may have been made worse by local government support for lake draining and urban sprawl
Issue 104

Subscribe       |       Newsletter        |        FAQ