China to con­tinue new en­ergy in­cen­tives

China Daily (Canada) - - BUSINESS -

The na­tion will con­tinue to roll out fa­vor­able poli­cies to en­cour­age the con­struc­tion of newen­ergy ve­hi­cle charg­ing fa­cil­i­ties in 2016-20. The govern­ment will re­ward ma­jor provinces and cities with prizes of be­tween 90 mil­lion yuan ($13.6 mil­lion) and 120 mil­lion yuan that wel­come more than 30,000 NEVs to their roads in 2016, said a guide­line jointly re­leased on Tues­day by five ad­min­is­tra­tive de­part­ments in­clud­ing theMin­istry of Fi­nance and the Na­tional De­vel­op­ment and Re­form Com­mis­sion.

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