CPCA: Hubei Province’s stimulus policy to boost vehicle consumption 

Thursday, 09 March 2023 12:15:25 (GMT+3)   |   Shanghai
       

China’s Hubei Province has issued subsidy policies limited to one month for vehicle consumption, signaling its determination to boost vehicle consumption, as stated by the China Passenger Car Association (CPCA). 

Meanwhile, on March 8, Guangzhou municipal government issued the development plan of Guangzhou to build an international consumption center city (2022-2025), stating that it will promote the replacement of public traffic vehicles and taxis by new energy vehicles (NEVs), and accelerate the orderly replacement of official vehicles of government departments, state-owned enterprises and the municipal administration by NEVs, and will encourage individuals to buy NEVs.  


Similar articles

Local Chinese stainless steel prices mostly decrease

28 Mar | Flats and Slab

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Chinese steel pipe export offer prices edge down slightly

27 Mar | Tube and Pipe

Chinese steel enterprises’ gross losses total RMB 14.61 billion in Jan-Feb

27 Mar | Steel News

Chinese manganese ore prices mostly remain stable, with some downticks  

27 Mar | Scrap & Raw Materials

Ex-China stainless steel prices edge down

26 Mar | Flats and Slab

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

CISA mills’ daily steel output down 0.51 percent in mid-March

26 Mar | Steel News

Ex-China steel plate prices down slightly despite stronger local market

25 Mar | Flats and Slab

Silicomanganese prices in local Chinese market - week 13, 2024

25 Mar | Scrap & Raw Materials