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China to continue to tax cut & exemption policies for NEV purchases in the next 4 years

China to continue to tax cut & exemption policies for NEV purchases in the next 4 years

News
Eamonn Sheridan
21/06/2023 | 02:12 GMT

China's Finance Ministry exempts purchase tax for New Energy Vehicles to end 2025

  • Cuts the tax in half for NEV purchases 2026-2027

Meanwhile, yuan lower again:

usdcnh china 21 June 2023

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