State Council adjusts auto consumption policy yesterday, the State Council executive Meeting decided to extend the reduction of 1.6 litres and the following small-displacement passenger car vehicle purchase tax policy to the end of 2010, by 7.5% Levy. Increase the standard of cycling subsidy for new vehicles to $5000 to $18,000. Experts say this shows that the incentives for car purchases are waning, and that the country will put more emphasis on car-going to the countryside and on old-trade policies. Experts look at the market next year to stimulate the car industry veteran expert Jianue to the newspaper reporter said that 7.5% of the tax rate and this year's 5% compared to the increase, showing the intensity of the stimulus is weakening. Zhiyong, deputy director of the China Academy of Social Sciences Finance and Taxation Research Institute, said that the short-term policy has become "chicken ribs", zhiyong that the car purchase tax should be reformed from the system, short-term policies will not have much effect next year. This year's auto market has become a "policy city" this year, the car markets show "policy City" characteristics, China's auto production and sales in the world first in the year, the first 11 months, the cumulative sale of more than 12.23 million units, a large increase of 40%, 2 years ahead of 1 months to complete the "auto industry adjustment and revitalization planning" of the overall production and sales goals. Guangzhou Honda Executive Vice President Yao told this newspaper that the policy on the contribution rate of car sales this year in 17%~18%. Yesterday's announcement of the "Old for the new" amount also rose, the industry believes this and 2009 to change the slow pace of progress. "After the new deal, the old trade will certainly be more popular than this year." "Guangdong Province Automobile Circulation Association secretary General Sanfi said to this newspaper, plus Guangzhou will also announce the city's old for the new scheme, the policy appeal is expected to be greatly strengthened."
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.