China relaxes restrictions, cuts taxes to boost auto sales
China will halve the purchase tax for eligible passenger vehicles and ease restrictions to spur auto sales and underpin consumption, authorities said.
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China will halve the purchase tax for eligible passenger vehicles and ease restrictions to spur auto sales and underpin consumption, authorities said.
Cars are becoming increasingly smart and digitalized: their memories, cameras and voice recognition devices are creating enjoyable experiences, but they also collect vehicle information and send it back to the carmakers.
Cars are becoming increasingly smart and digitalized: their memories, cameras and voice recognition devices are creating enjoyable experiences, but they also collect vehicle information and send it back to the carmakers.
Cars are becoming increasingly smart and digitalized: their memories, cameras and voice recognition devices are creating enjoyable experiences, but they also collect vehicle information and send it back to the carmakers.
Sales of new energy vehicles, which include electric cars and plug-in hybrids, are expected to hit 3 million units this year in China, said the China Association of Automobile Manufacturers on Tuesday.