China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023
By Reuters
Published on August 22, 2022
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Highlights
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023, creating tax cuts worth a total of 100 billion yuan, state media Xinhua quoted cabinet meeting as saying on Friday.
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