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BLOG: Beijing details auto specs for tax relief, waiver

ABSTRACT

It has been a known fact that China has been promoting hard the sales of new energy vehicles (NEVs) and more eco-friendly and energy-saving models, but it has not occurred to me how thorough China’s related governing bodies can be to ascertain that those qualified models are rightfully granted tax reliefs or waivers while leaving no loopholes for the other vehicles that are not up to the standards to abuse the benefits.
On August 10, China’s Ministry of Industry and Information Technology (MIIT) released the latest listsof the auto manufacturersand their models that are qualified for the tax reliefs or waivers, in whichMIIT painstakingly lists the auto models one by one in the categories of NEVsincluding hybrid, electric and fuel battery units,

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