China Takes Bold Measures to Boost Auto Consumption

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Friday, June 02, 2000, updated at 14:40(GMT+8)

Business

China Takes Bold Measures to Boost Auto Consumption

The Chinese government Friday announced the cancellation of 238 kinds of charges in relation to transportation and vehicles, in a bold move to encourage automobile consumption.

A press release by the Ministry of Finance and the State Development Planning Commission said the move could save consumers up to 14.5 billion yuan a year.


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	The Chinese government announced the cancellation of 238 kinds of charges in relation to transportation and vehicles, in a bold move to encourage automobile consumption.




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